Taxes on saling on Ebay

Question

I stop to sell on Ebay from 2024,now anybody can explain how woking with taxes on seling on Ebay?do i have to colect? if not do I have report? and pay myself taxes?I really dont like to charge taxes for custumers.Its my stuff,and dont feel to pay tax,,Please help ,i want to start saling agai,,

Thanks,I apreciat the Help

evry1nositswindy · Answer

Like @disneyshopper said , if you are the seller, just list your item(s). eBay collects and remits taxes to the different states. That is sales tax. Your sales are considered income, and at the end of the year, you need to file the total dollar value of your sales as income (less any expenses). Sales tax and income tax are two different things.

disneyshopper · Answer

If the buyer lives in a state that charges sales tax, ebay will collect it and remit that amount to the buyer's revenue collecting agency. You do not have to do anything. You are still responsible for filing your federal income tax 1040 form, but you can deduct any selling expenses as well.