Comics-scifi_collectibles Volunteer Community Mentor
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@jenn8-99 You only have to register as business on eBay.com if you are a legal business.
You can sell as individual, which is what I have been doing for 10 years. When you file your income taxes you deduct eBay fees, returns, shipping and any other expenses from your gross receipts. I also deduct the item cost. Check with an accountant to see what you are allowed to deduct in your state.
@jenn8-99 You only have to register as business on eBay.com if you are a legal business.
You can sell as individual, which is what I have been doing for 10 years. When you file your income taxes you deduct eBay fees, returns, shipping and any other expenses from your gross receipts. I also deduct the item cost. Check with an accountant to see what you are allowed to deduct in your state.
