cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 

fees

sold some golf clubs for 747.00 and after some bull**bleep** fees i got 640.00. last time ill use ebay for selling my items!!!! when i buy something new i pay taxes, so if i decide to sell on here or local classified ads shouldnt have to pay taxes or some made up fees on it again! you got my money for last time! used to enjoy selling on here years ago. but like most good things, someone new in management is hired and wants to be a hero and save or make more money for the company and screws up everything! wish everyone would stop selling until changes are made. shouldnt lose 100.00 of a 700.00 sale!

Message 1 of 17
latest reply
16 REPLIES 16

fees

Is this your first time selling something online? How come you didn't know what the selling fees were when you listed them?

 

Are you talking about sales tax and income tax, thinking they are the same thing? 

Message 2 of 17
latest reply

fees

You sold something on ebay without knowing what the fees are?

Why would you do something like that?

Message 3 of 17
latest reply

fees

whenever I sell something I pay no taxes..............the buyer pays taxes

 

I do however pay selling fees on those taxes

 

what fees are made up or bogus...........the texas flood surcharge or maybe the covid relief fund for homeless.


Germantown proud Germantown strong
up the whiskey hickon
moving right along
19144
Message 4 of 17
latest reply

fees


@hargi-jan wrote:

sold some golf clubs for 747.00 and after some bull**bleep** fees i got 640.00. last time ill use ebay for selling my items!!!!

 

if i decide to sell on here or local classified ads shouldnt have to pay taxes or some made up fees on it again!


If you still took PayPal, that's 13.1% total:

2.9% + $0.30 at PayPal on sales tax + shipping + item

10.2% at eBay on shipping + item

 

With your Managed Payments, that's 12.55% total:

12.55% + $0.30 at MP on sales tax + shipping + item

 

And @hargi-jan PayPal just raised their rates in August.

 

Also, it's the buyer that pays the sales tax, at the rate set by their state. They pay sales tax on used cars, purchases on used items at Goodwill, etc.

Message 5 of 17
latest reply

fees

Looks like you sold  a few golf related items in the past and no doubt you paid eBay and PayPal fees on them or you just didn't notice you did.  You were charged near the  same amount under the Managed Payment program as you did withe the eBay / PayPal arrangement.

As  far a paying  sales  taxes on items you sell  - your buyer pays the taxes.   The money  processor (PayPal and eBay via Ayden) collects  their fees on the entire amount the buyer pays.

If you wish to sell stuff w/o  any fees - try  CL or a yard sale.

"I have the right to remain silent but I didn't have the ability." Ron White, Fritch, Texas
"Stay away from negative people, they have a problem for every solution." A. Einstein
"The Devil made me do it!" - Flip Wilson
"If the band can only play loud - they ain't no good - peps too!" J.R. Johnson
Message 6 of 17
latest reply

fees

when i buy something new i pay taxes, so if i decide to sell on here or local classified ads shouldnt have to pay taxes or some made up fees on it again! 

 

I think you're referring to sales tax but wait....  eBay is reporting $747 to the IRS as income against your social security number so you are obligated to pay even more.

 

Message 7 of 17
latest reply

fees

Yep, when one sells something on ebay, ebay wants their cut for providing you with a selling platform.  Yes, some think it is too much, but it is the cost of doing business on THEIR site.  The only tax YOU pay is if you make a profit on selling the clubs - sales tax is paid by the buyer, not you..  But, when you file your income tax - you do, don't you? - you take off expenses and probably end up paying less - right?

Not saying 'NO' doesn't mean 'YES'.

The foolishness of one's actions or words is determined by the number of witnesses.

Perhaps if Brains were described as an APP, many people would use them more often.

Respect, like money, is only of 'worth' when it is earned - with all due respect, it can not be ordained, legislated or coerced. Anonymous
Message 8 of 17
latest reply

fees

Complain to your government as they are the ones you should be mad at. Ebay has nothing to do with taxes.

Message 9 of 17
latest reply

fees

The fee is correct. There's no mistake.  eBay's fee is 12.55% of the total; the item cost, shipping and sales tax plus a .30 transaction fee. 

 

I don't actually know what the buyer paid in shipping and sales tax   but if it was 4% sales tax that's $30.75.

I don't  know what they paid for their shipping cost but to me it's $21.71.  That would be roughly $799.45 total the buyer paid. The FVF on that would be $100.63 (12.55% plus .30)

 

 

 

Message 10 of 17
latest reply

fees

Bye Felicia 👋👋👋

Message 11 of 17
latest reply

fees

eBay's fees are explained to sellers in several places.

"Made up fees"? Did you think it was free to sell on eBay?

Can't tell what taxes you're talking about, but eBay is now required by law, to charge state sales taxes to buyers in about 45 states.  The buyer pays the tax, not the seller, then eBay remits the funds to the appropriate department of the appropriate state.

State sales tax are charged on the transaction, not the item.  Do you shop at thrift stores or antique shops? Ever bought a used car?

All of the above information is not new and is not the result of "someone new in management".

Message 12 of 17
latest reply

fees

"I think you're referring to sales tax but wait....  eBay is reporting $747 to the IRS as income against your social security number so you are obligated to pay even more."

 

That statement is false. Current law is 200 transactions and 20K. Maybe you are confused with the year. In 2022 eBay is required by law to report transactions over 600 dollars triggering a 1099. Just because you receive a 1099 it does not mean you owe anything. It is only a form showing the movement of dollars. You could get a 1099 for 5 million dollars and have zero tax liability. 

Message 13 of 17
latest reply

fees

Hi @hargi-jan ,

 

Here is a link to the Help Pages and a section that covers Selling fees.  https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822&st=12&pos=1&query=Selli...

 

Fees are charged on the Item price, the Paid shipping and any Sales tax that is levied on the transaction.  The chart on the Selling Fees page shows various Fee %s that apply to different categories.  The $ 640 you made on the item priced at $ 747 (I assume that is ONLY the item price and not shipping or sales tax) represents about 14.3 % in fees so was there shipping& sales tax paid on top of that $ 747?

 

Mr. L

Regards,
Mr. Lincoln - Community Mentor
Message 14 of 17
latest reply

fees



when i buy something new i pay taxes, so if i decide to sell on here or local classified ads shouldnt have to pay taxes

Then you'll need to be complaining about Congress and your buyer's state, not eBay. 

 

or some made up fees on it again! used to enjoy selling on here years ago.

Then you must have already been aware that eBay charges a feee for their service. 

 

Message 15 of 17
latest reply