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1099

Does shipping cost count towards sales totals & are refunds deducted?

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1099

Yes all funds received are included in a 1099.

Refunds are not deducted (you must make the adjustments yourself).

 

 

Paranoia strikes deep
Into your life it will creep
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1099


@marharri-22 wrote:

Does shipping cost count towards sales totals & are refunds deducted?


Yes, but don't forget you get to reduce your income by your expenses.  You have reports available on PayPal that can really help you get your tax information pulled together.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999

"I can explain it to you, but I can't understand it for you." Quote from Edward I Koch

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