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taxes

how much can you make on ebay befor  paying  income tax on it

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Re: taxes

Any profit you make is taxable.  Profit is not the same as the amount you sell it for - you need to figure out if you sold it for more than you paid for it plus your selling fees.

wooden_flower Volunteer Community Mentor.
eBay member since 2001.

Message 2 of 3
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Re: taxes

It depends on your situation and especially your other income as to whether you end up owing tax on that income.  It is up to you to keep track of your income and expenses and how each figures into your tax calculations.

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