new seller - required tax form download wisdom please
loving retirement, staying busy estate sale and selling. I realize I need to get prep for taxes. I know ebay has reports I'm struggling to find. I did not offer free shipping on all items so I know I need something showing that and the fee's. I got my 1099 form download. Thanks so much
1 comment
monica-sells
·2 years agohttps://www.ebay.com/sh/fin/reportslanding
this page has the most accurate and comprehensive summaries of your transaction with ebay (only)
just select the time frame you need to review
don't forget your ancillary expenses related to selling...(envelopes, mileage, packing, etc...) that are not listed on this report as well as your COG (Cost of Goods)
Reminder...the shipping labels expense is only for the labels you purchased from ebay shipping paying with your in-house funds...if you use paypal for shipping, or purchase from the P.O. you need to include those shipping expenses