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1099

When e-bay calculates 1099, is the TOTAL SALES or NET?

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1099

1099 based on gross sales (purchase price + shipping) total amount that YOU got from the customer.    When you deduct your business expenses be sure to include actual amount you paid for "shipping labels".

 

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1099

It's the total amount that eBay processed for you: Item price plus shipping and handling.  They don't deduct anything at all, such as fees, postage, refunds.

 

https://www.ebay.com/help/selling/fees-credits-invoices/ebay-form-1099k?id=4794

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