I understand Paypal reports income over $20,000 to the IRS. Do you know if this is only the price of the items sold on ebay, or does it include the total amount the buyers pay including postage and taxes? Is there a running total somewhere in my paypal summary of this figure that they will be using? Thank you for your replies. I did try to research this before asking but my accountant is insistent I don't go over this year so I may need to stop selling on ebay soon.
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