08-22-2021 08:22 PM
I have noticed you are now taxing both buyers and sellers. Should be buyers only. Why being taxed on selling??? Being taxed twice.
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08-23-2021 05:04 AM
Sellers are not being taxed, but you are charged a fee on the sales tax the buyer pays.
08-22-2021 08:35 PM
You will on April 15th have taxes due on what you have sold on eBay, it is income.
Only the buyer is paying the required tax when they buy your items. You are paying fees on the total amount of received which will include: item sales price, sales tax money collected by eBay and shipping. Plus a .30c transaction fee.
You are not paying any taxes until you file your federal or as required state income taxes.
08-22-2021 09:08 PM
@joyfulpath223 wrote:I have noticed you are now taxing both buyers and sellers. Should be buyers only. Why being taxed on selling??? Being taxed twice.
eBay does not tax buyers or sellers.
Governments do that.
eBay merely collects the taxes that the law prescribes.
08-23-2021 03:38 AM
eBay is collecting, by law, state sales tax for purchases in about 43 states and remitting the funds to the appropriate state's treasury.
Can you show us a listing where both the buyer and the seller were taxed?
You aren't referring to eBay's final value fee as a "tax", are you?
08-23-2021 04:10 AM
@joyfulpath223 wrote:I have noticed you are now taxing both buyers and sellers. Should be buyers only. Why being taxed on selling??? Being taxed twice.
I'm not taxing anyone, except occasionally my wife's patience.
eBay collects tax from buyers because state laws require them to.
eBay does NOT tax sellers. You are confused, or your definition of "tax" isn't the same as everyone else's.
08-23-2021 04:46 AM
Are you calling your final value fees a tax?
08-23-2021 05:04 AM
Sellers are not being taxed, but you are charged a fee on the sales tax the buyer pays.
08-26-2021 05:45 AM
The answer I was looking for. Thank you. Someone with honesty and a brain. Did you read all the other replies. Most people love talking bull, lies and are brain dead. Simple answer from a smart person. Thanks again.
08-26-2021 05:55 AM
I don't get it -- ALL of the answers here have been honest and correct. What "other replies"?
08-26-2021 07:03 AM
I wondered the same thing. People were just trying to understand what the OP was talking about for pete's sake! So much for trying to help.
12-13-2021 09:43 PM
So what about items that you buy on ebay, that youre taxed for obviously, and then you sell this item on ebay again for more and they are now taxing you for the full price of that. Example : I buy something for 50$ i get taxed on that 50$ I then sell it for 200$ which i get taxed for as well, so im paying tax twice for the same item.... at least for the 50$ of it.. is that legal? I aint payin twice
12-13-2021 10:46 PM
Re; " Example : I buy something for 50$ i get taxed on that 50$ I then sell it for 200$ which i get taxed for as well, so im paying tax twice for the same item.... at least for the 50$ of it.. is that legal?"
Keep the receipt, then you would only be paying income taxes on the $150 profit after you deduct the cost when you file, so yes it is the law. The first $50 you pay sales tax, again that is the law.