03-19-2025 07:51 PM
03-19-2025 08:04 PM
Yes the selling fees are one of the things that you can deduct as a business expense.
You still pay taxes on your PROFITS even if you didn't get a 1099k otherwise the IRS considers it tax evasion.
If you were issued a 1099k you can print it from this page>
https://www.ebay.com/sh/fin/taxforms
I like the Financial Overview report for eBay expenses and download it as a PDF
https://www.ebay.com/sh/fin/reportslanding
I also deduct the cost of goods, shipping supplies I have receipts for, and mileage to the post office. Talk to your tax preparer for what are allowed to deduct as a business expense.
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