paying taxes
salishgal1960
New Community Member
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Jan-29-2019
12:09 PM
why do we have to pay taxes on selling our items on ebay? no different then having a rummage sale
Labels:
- Labels:
-
Tax Documents
1 REPLY 1
sharpiemarker
Esteemed Advisor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Jan-29-2019
12:32 PM
@salishgal1960 wrote:why do we have to pay taxes on selling our items on ebay? no different then having a rummage sale
If you sell here and there occasionally, you may not have to but if you do it long term and consistently as part of your income or misc income then yes, you will need to pay taxes on it. It's the system trying to bring the real world to the virtual world.
Kudos & Solved are greatly appreciated. 🙂
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- Help with Pay in three integration with Woocommerce in Merchant Products and Services Archives
- I need to change the tax rate in my Paypal buttons, where is this found? in Merchant Products and Services Archives
- How do I claim a tax refund through PayPal? in Reporting Archives
- Re: Email asked for Tax ID, Gifted Payments and Possible 1099k??? in Business Tools Archives
- Buyer paid with F&F with cc can he take back his $? in Managing Risk and Fraud Archives