Correct and I'm pretty sure hobby sellers cant deduct any of those
costs, ebay fees, shipping etc. You'll just get a big fat gross amount
on your 1099K . I guess you can try and deduct the cost of the item
against the 1099K income.
Yes I'll close up until I retire then maybe start a business , maybe.
Hobby selling laws changed and you cant deduct expenses anymore and
setting up a business when its really a hobby ? I don't buy and resell
so what are my costs ?
My Ebay has been a fun hobby business which if I wrote off all my
expenses would probably lose money. I read with hobbies you cant write
off anything . I'm not paying taxes on postage costs which are 2x my
normal sale . I have been audited on stock s...
Do you fill your customs forms online when you print postage or
manually? Post office told me that since they have to fill this in ( and
they can't type apparently) they will not accept manually filled in
forms any more all customs forms must be fill...
