eBay

Hi. With the new limit for filing on taxes for eBay are most people filing quarterly as I heard there could be penalties if we don’t. Also do we need take out fir social security and Medicaid on the eBay profits. Trying decide if want continue Ebsy a...

My eBay earnings on my taxes are reported as high as it includes the gross amount I paid for the items instead of the actual smaller profit I made. Do I need to do a form c which itemizes this but declares my eBay a business. Any cons to doing this ?

I do just ok on my eBay sales for the last year but I have to report it on my taxes as they are looking at the gross amount (which is way less than I actually made as the cost of the products I sell is included ) are people in the same position as me...

Hi I need help with the recent tax statement I received from Ebay . It lists my profits as 5000 but it cost me around 3000 to buy merchandise and supplies . I don’t want the irs to add 5000 to my gross income and get taxed on thatsandra