12-09-2022 09:56 AM
Love how Ebay charges fees based on the sale and shipping total cost. Why take more money from the only way we can get the product to the buyer? I'm telling you that with the new regulations from the IRS and Ebay, I'm considering looking to other avenues to sell. This platform nickels and dimes you to death.
12-09-2022 09:58 AM
12-09-2022 10:01 AM
@runrdud3 wrote:Love how Ebay charges fees based on the sale and shipping total cost. Why take more money from the only way we can get the product to the buyer? I'm telling you that with the new regulations from the IRS and Ebay, I'm considering looking to other avenues to sell. This platform nickels and dimes you to death.
You'll be in for a rude awakening. Other platforms charge fees on the total payment too (including any applicable sales tax).
Are you aware that when you go to any grocery store, department store, drug store, etc. and pay by credit card, the store is paying the c.c. fee on the entire amount of your purchase, including any tax?
12-09-2022 10:02 AM
Good luck. Try having a booth in mall. That will dollar you to death.
12-09-2022 10:09 AM
As long as you have been selling you are just now becoming aware of this? EBay provides a very detail help file on how the fees are calculated and applied and those have been pretty constant for quite some time.
12-09-2022 10:28 AM
Please advise us what platform does not include shipping into the fees for selling.....
thanks.....
12-09-2022 10:35 AM
"I'm telling you that with the new regulations from the IRS and Ebay . . . ."
As long as you earn income in the United States of America, you will deal with the Internal Revenue Service.
12-09-2022 10:39 AM
All payment processors charge their fee on the total amount charged to the buyer -- for the merchandise, sundry charges and surcharges, handling, shipping, sales tax.
This is the standard and universal practice, and it has been ever since the invention of the credit card.
If you sold when PayPal was the payment processor for eBay, you paid the fee based on the total to the buyer (in addition to PayPal's transaction fee).
MY CHALLENGE TO YOU:
Every time you use your own credit card for a purchase, the merchant you buy from pays the fee based on the total you paid in the transaction, including shipping, handling, sales tax, and any other charges or surcharges. Since this practice offends you, do not particpate in it from now on. Use only cash, checks, or money orders for all your own purchases, so as to not nickel and dime to death the people you buy from.
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12-09-2022 10:39 AM
I didn't realize that paying income tax on earned income was a new regulation from the IRS. Thanks for the heads-up.
12-09-2022 10:49 AM
"I didn't realize that paying income tax on earned income was a new regulation from the IRS. Thanks for the heads-up."
Yep -- but only on revenue earned after 1913.
Any income you earned BEFORE 1913 is still non-taxable.
Party on. . ..
12-09-2022 10:50 AM
You can always offer free shipping, then you won't be see fees on the shipping. 😁 Please keep in mind that ebay clearly posts their fee structures & their fee structure is very competitive when compared to other platforms. However, all platforms have fees.
12-09-2022 11:03 AM
I only earned $489.27 in 1912, so I guess that's why I didn't receive a 1099K that year.
12-09-2022 11:16 AM
Heeeyyyyy....
I think we're getting trolled....
This is the third topic on this in two days.
https://community.ebay.com/t5/Selling/Ebay-taxing-sales-tax-seems-very-illegal/m-p/33409131#M2127713
and...
And all three topics are easily found on the first page of the Selling Forum Posts.
Mike
Firesteel Surplus
12-09-2022 11:55 AM
"...Good luck. Try having a booth in mall. That will dollar you to death..."
This made me laugh......no nickel and dimes...just dollars
12-09-2022 12:00 PM
I didn't realize that paying income tax on earned income was a new regulation from the IRS. Thanks for the heads-up.