06-28-2023 02:06 PM - last edited on 06-28-2023 06:09 PM by kh-gary
I have been Buying and Selling On eBay Since 1996! Not a Power Seller or Power Buyer Just Sell A few Things That I don't Use anymore and Clean up my House! Never Would I sell Thrift Shop Items, Untested Junk or Yard Sale Items that Cost $5.00 and Sell On eBay for $39.00 and Buying, I look at Prices and Sometimes they are Less on eBay and a Few Bucks More on Amazon so I like to Give my business to the Little eBay Sellers even thou you never get your item the next day or even Same day Delivery like Amazon!
As Of Today I will Never Buy Anything on eBay Again! Half the Time It's Delivered From Amazon anyway by Drop Shipper eBay Sellers. But After I Figured Out that I was Being Charged Seller Fees on my Items Plus My Shipping Expenses and the Tax the Buyer Paid As my Income and Auction Value at a rate of almost 14% and sometimes the Shipping is More Than the Item itself! So If the Shipping is an Item Value and My Income I guess you Just Keep the Money and this Criminal total is also being Reported to the IRS as Your Income not to mention the Seller Fees 3 times the Value of the Item that sold! Even Items That never get paid for are left in your 90day seller totals as items you sold without a dime being paid is Your Auction Value! So I sold 5 Items That hadn't been Paid but Show SOLD at a Whopping 1,029.00 on my Seller Dashboard But My Payout 463.57 to my Bank, The Non-Pays and Canceled Items Stay Indefinitely On my Seller Dashboard as Sold Items and reported to the IRS as My Income of 1,029.00 and I print my Label Via eBay So Once I hit Purchase Label It's An Expense Not a Value and the Tax the Buyer Paid If they Payed anything Is a Value to the Government Nobody else but That's a Value to me as well? So Maybe If You keep the Shipping Money and never Ship the Items that's A value to me as a seller? So Enough with the eBay Games and AMAZON no Games, EZ returns NOT the Work it Out with Between your self for a few weak and The Your eBay Parents will Step in and Decide What Kid they will Grant the Return Shipping Expenses! Amazon Does It All, Ship, Pack, Sell, Free Instant Returns! and No Games. Half the Crap on eBay Comes From Thrift Shops that cost $5.00 Untested Junk and Yard Sales or Amazon?
Selling A few more Items and Good Bye eBay. Millions have already Started Figuring This Out. I have Never Got An eMail From Amazon (WE ARE CHANGING OR POLICY AGAIN) eBay Doesn't Do Anything But Count Money and Let the Algorithms Collect Money! Sellers Do It All And Made eBay.
The Only Way You can Make Money on eBay Is to Sell Free Goods and Wait till The IRS Hits you with the Tax on the Dashboard totals! The Payout is What I made not the Seller dashboard. And I had to buy the Items That I sell And I paid Tax For Them and Now the Buyers Tax is My Profit? and Shipping Expense Is My Profit? CRIMINAL It wasn't OK that People Listed Items for Buy It Now 1.00 and Put 120.00 shipping so eBay Thought It would Be ok For them To do it to Millions of Seller would be OK? Because eBay Only Charged fees on Item Value and they Lost Money So What they did to Retaliate is This to all sellers? NOT OK & eBay is Self-destructing. Sad Sad Day @ eBay
Now eBay Automotive (PARTS THAT FIT) Does eBay Sell Parts? NO! sellers Sell Parts! THE Seller says it Won't fit But eBay Guarantees it will or eBay Will Give you 100% of the Sellers Money Back! MORE GAMES that cost them Nothing!
Disney Land Monkey Business.
06-28-2023 02:22 PM
You are free to purchase where you prefer. I don't see the need to advertise why you chose to do so. If I may ask, what were you hoping to gain? This way possibly someone here could better assist. I apologize for not understanding the question. Please have a good day!
06-28-2023 02:29 PM
If you have been doing this since 1996, then you should know that the buyers sales tax is not included in the amount reported to the IRS and shipping is included in the gross cash received but you get to deduct that and you get to deduct cost of goods sold and other related expenses to arrive at your taxable profit.
06-28-2023 02:36 PM
An item priced at $29 with free shipping is charged tax on...uhh...on how much?
Like item priced at $20 with $9 shipping is charged tax on $20? (no)
Like item priced at $9 with $20 shipping is charged tax on $9? (no)
If I was selling one, I'd price it at 1 cent and charge $28.99 for shipping.
Tax is charged on the total due to these scenarios.
06-28-2023 02:48 PM - last edited on 06-28-2023 06:03 PM by kh-gary
If You Sell An Item For 1.00 and It Cost You 300.00 to Ship It You Pay Fees and Tax on 301.00 YES!
Criminal! I sold And Item Just Yesterday for 89.00 that cost $150.00 A NEW Dayton Motor! I charged 55.20 Shipping But the Winner of the Auction was In Washington so The Shipping Was $76.00 Ground,
My Auction End Value Was 144.00 Plus the Tax the Buyer Paid the Government In the State of WA So After all the Fees At 14% On 144.00 and I lost $25 on Shipping Expense Somehow eBay Says This is an Item Value! That's Not what my Payouts Reflect and The eBay dashboard 90day Totals Of What You Would Have made had people Paid for your Items and if you could keep the Shipping money it Being of some value to me?
They Think We are Monkeys or Something.
06-28-2023 02:52 PM
"...I charged 55.20 Shipping But the Winner of the Auction was In Washington so The Shipping Was $76.00 Ground..."
my question is pretty simple.....why only $55.20?
06-28-2023 02:58 PM
That font is extremely hard to read. As a former teacher, that font should have NEVER been invented. Go back and read that letter. Anyway, when you need new stuff, buy it directly from the places that sell these items like Amazon and walmart.com. That was how I learned about dropshipping. Those sellers made a few bucks. It was YOUR fault that you did not research your items better and buy them where it was cheaper. I do not find ebay fees high compared to paying rent or renting a spot at the flea market and then spend the entire day roasting under the sun as the wind blows your items off the table. I'm fine right here with 2 seller accounts. This is my posting ID.
By the way, do you list your items using that font? I would not read past the first sentence before I hit the back button. Try a different font and see if you get more sales.
06-28-2023 03:03 PM
Because I don't have a Crystal ball to Know Where The Winner Will Live that wins the Auction! If they Live Close The 55.00 would Be Over Charging but Half way across the USA on a Large 30lb item You Lost 25.00 on Shipping But eBay Charged me 14% On the $55.00 That i Paid 76.00 to Ship as Some Item Value! Its Beyond Criminal and I'm All Set With The eBay Games! Non Of this Happens on Amazon! Contact eBay and after a few weeks They will Step in Crap. This Community This Is Just Hours and Hours of Endless eBay Games and **bleep** Off people Sellers And Buyers Alike
06-28-2023 03:07 PM - last edited on 06-28-2023 06:09 PM by kh-gary
I realize this is mainly a rant and while I do hope you feel better now, there are points you are incorrect on. If you list your item with calculated shipping it wouldn't matter if your buyer was in Washington because the shipping would have adjusted to the buyer's location, so that one is on you.
Yes, one can make a profit on eBay and not by selling free goods. I'm a long-time seller as you are, and I still sell and make money. Plus, I've never used promoted listings. Granted my sales on down from previous years, but I still sell and at a profit. I'm sorry you are no longer profiting from your own sales.
Lastly you say Amazon has never changed policies, well the Amazon I use certainly has. Every company out there changes their policies as needed because life changes. Things progress or situations cause changes to how a company needs to conduct services. You may not like or agree with those changes but to say a company should never change a policy is ludicrous. If policies never changed, we'd all still be waiting for personal checks to clear our banks before we could ship the item out. Best of luck to you wherever you choose to sell....
06-28-2023 03:10 PM - last edited on 06-28-2023 06:01 PM by kh-gary
If You Sell An Item For 1.00 and It Cost You 300.00 to Ship It You Pay Fees and Tax on 301.00 YES!
Criminal! I sold And Item Just Yesterday for 89.00 that cost $150.00 A NEW Dayton Motor!
You set the starting price on the auction if you wanted more why didn't you start it at the minimum amount you would have been happy with getting for the item.
I charged 55.20 Shipping But the Winner of the Auction was In Washington so The Shipping Was $76.00 Ground,
I am guessing either you had the dim and weight incorrect in the listing or you used a flat rate shipping cost rather than using calculated which adjusts the shipping cost shown to the buyer/bidder based on the buyers location. Either way a costly lesson.
My Auction End Value Was 144.00 Plus the Tax the Buyer Paid the Government In the State of WA So After all the Fees At 14% On 144.00 and I lost $25 on Shipping Expense Somehow eBay Says This is an Item Value! That's Not what my Payouts Reflect and The eBay dashboard 90day Totals Of What You Would Have made had people Paid for your Items and if you could keep the Shipping money it Being of some value to me?
They Think We are Monkeys or Something.
06-28-2023 04:07 PM
"If You Sell An Item For 1.00 and It Cost You 300.00 to Ship It You Pay Fees and Tax on 301.00"
Buyers only pay sales tax on the item and not the shipping cost. Yes-ebay fees are on the entire amount but income tax to the seller is on the net profit and not on $301.
06-28-2023 04:22 PM
"An item priced at $29 with free shipping is charged tax on...uhh...on how much?
Like item priced at $20 with $9 shipping is charged tax on $20? (no)
Like item priced at $9 with $20 shipping is charged tax on $9? (no)
If I was selling one, I'd price it at 1 cent and charge $28.99 for shipping.
Tax is charged on the total due to these scenarios."
Sales taxes on eBay are a little more complicated that that.
* Five states do not charge state sales tax. Alaska is one of them, but I believe some of its counties or cities do charge sales tax.
* Some states do charge state sales taxes on the cost of shipping/delivery, while many other states do not.
* Some states exempt some types of products from sales taxes. These exemptions also apply to eBay sales of those types of products but only when the seller -- seller -- is careful to list the item in the proper category.
06-28-2023 04:25 PM
@zippo_hall_of_flame paragraphs
06-28-2023 04:47 PM
@zippo_hall_of_flame wrote:Because I don't have a Crystal ball to Know Where The Winner Will Live that wins the Auction!
You don't need to know where a buyer lives. Just use calculated shipping, enter the correct weight and dimensions and eBay will calculate the proper total for you.
06-28-2023 05:09 PM
@susanb1872 wrote:"If You Sell An Item For 1.00 and It Cost You 300.00 to Ship It You Pay Fees and Tax on 301.00"
Buyers only pay sales tax on the item and not the shipping cost. Yes-ebay fees are on the entire amount but income tax to the seller is on the net profit and not on $301.
I'm in a state where I'm charged sales tax on the listing's item price plus the listing's shipping cost. Yes, FVFs on all. Shipping charges listed/paid for are included in your income total. The cost for s&h is a deduction for Schedule C.