@louie3535 If you go to your Seller Hub, Then Orders, then Order Paid and Shipped, then find the item, click on the drop down menu to the left of the item title, the click on View Order details. This will show you the breakdown and taxes collected by ebay, if any.
If you're asking about collecting and remitting sales tax - https://www.ebay.com/help/policies/selling-policies/tax-policy?id=4348&st=12&pos=1&query=Tax%20polic...
For Income tax, you can follow links in the article linked above. Here is an excerpt:
By law, sellers have to declare and pay taxes on income earned from eBay sales. We recommend checking with a tax advisor to understand your responsibilities.
To help you comply with your tax obligations, we'll provide you with Form 1099-K by January 31st each year if you're a seller who has received payments above the minimum IRS reporting thresholds in the previous calendar year:
- You received more than $20,000 in gross payments, and
- You had more than 200 payment transactions
Some states have minimum reporting thresholds that are lower than the thresholds outlined above. We recommend that you consult a tax advisor to understand which threshold applies in your state.
This information will also be reported to the IRS and your state tax authority, where applicable.
All sellers will be eligible to receive 1099-K forms from eBay.
For more information, read our article on eBay and Form 1099-K.
It can be confusing, so it's good that you are checking now. Make sure you keep records of sales as many records are only kept on ebay for 90 days. A simple spreadsheet is a big help. Also, keep track of your costs (for items, packing materials, etc) in case you need to use deductions. Good Luck!
