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Accounting question

When I’m reselling DVDs I bought on eBay, do I count the taxes and shipping I paid in the total purchase price or just the price I paid for them that was listed?

 

For example:

 

I bought Movie A for $19

but shipping and taxes were $9

 

The purchase price listed was $10.

 

When I resell, do I list for more than $10 or $19?

Message 1 of 16
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Re: Accounting question

He already said Texas doesn't issue permits therefore his only option is to file for a refund on his sales tax return in instances where he paid sales tax when purchasing an item for resale.

 

Not only is this not a red flag, he didn't mention doing anything that is breaking any rules and so he has nothing to be worried about even if he did get audited.

Message 16 of 16
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