02-07-2022 09:08 AM
How do I find my total fees and shipping charges for the years for tax purposes. Is the 1099K a gross sale?
02-07-2022 09:14 AM
The 1099k includes gross receipts - refunds are not deducted. So you need to total up refunds, too.
For sales fees and shipping paid through managed payments, go to your payment account reports and run a transaction report. https://www.ebay.com/sh/fin/summary
If you were paid through paypal any part of the year, you also need to pull info there. PAyment through paypal are not included in your eBay 1099k.
For sales paid through paypal, go to paypal and run the annual financial summary. This gives you sales and paypal fees. Also run an activity download report to identify the sales tax included in your gross receipts that you need to subtract, if you did have sales paid through paypal.
To get your eBay fees for items paid through paypal, plus any ups & fedex shipping, view each of your eBay invoices here -
https://www.ebay.com/sh/fin/report/invoices
For shipping costs paid through paypal, run the activity download report.
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