eBay

louie3535 · ‎09-20-2021

I am a seller from NY and just sold a pair of sneakers to a buyer in Florida. My Net Proceeds I received are more then the cost of the item and shipping I charged. $115 + $9.55 shipping should be $124.55. My Met proceeds is showing $132.60. eBay does not charge any fees for sneakers over $100. The extra money I assume are taxes the seller paid. At the end of the year am I supposed to file something on my tax return or should eBay automatically be keeping the taxes. I am not a large seller maybe 40 items a year.

thanks

releasethekraken_1 · ‎09-20-2021

@inhawaii wrote:
@releasethekraken_1 wrote:
@inhawaii wrote:
@louie3535 wrote:
Thanks for taking the time to respond with a stupid response. It’s not the fees I am questioning it’s the collection of taxes that I received that’s in question .
How stupid of me. Please forgive me. The collection of taxes not fees.
Again, that information is all spelled out on the ebay site.
You really should know these things BEFORE you sell.

Clearly you don’t understand the OP’s question. Maybe you should step back from this thread.
I guess i don't understand. I thought the OP sold some shoes. Was expecting THIS much and received THIS much instead, a different amount, and was asking why that is.

Stepping back....

You were chastising the OP for not understanding the fees, when they’re clearly aware they have a “no fee” sale (sneakers over $100 are fee-free).

louie3535 · ‎09-20-2021

angelno9 · ‎09-20-2021

@louie3535 wrote:

That is the transaction detail - this shows you what the buyer paid. I'm curious about the payout detail, which shows what was included in the amount that was deposited into your bank account.

In the seller Hub, go to the Payments Tab, click Payouts on the left, and then drill into the Payout ID in the list of payouts that you are questioning.

The Payout Detail should show a status box, a summary box, and a details box. Underneath that, it shows a "related transactions" list, which gives a line item for every transaction included in that payout. Ther will be a line item for the sale, with the amount received, fees, and the net amount. There will also be a line item for any other transactions (shipping labels, refunds, credits, etc.) that were added and subtracted from the payout.

I'm just curious if the payout to your bank account that you are questioning included any other things that may have affected the total amount of the payout. Maybe that will show why the net you received was higher than you thought.