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since ‎Dec-17-2018
Country: United States
Type: Personal
puddingtane
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Tax higher than it should be on item sold

by puddingtane Contributor in Business Tools Archives
‎Mar-25-2020 06:44 PM
‎Mar-25-2020 06:44 PM
I sold an item on eBay that totaled $86.08 with shipping. PayPal included tax of $7.10, which is much higher then the sales tax of my home state, which is 6% sales tax. $51.00 for the item, $35.08 shipping, and a tax of $7.10 = $93.18. PayPal subtracted their fee of $3.00 as well as the tax of $7.10. Leaving me with total of $83.08. What is up with the high tax? I’m only making $46.66 on an item that I sold for $51.00. This doesn’t add up to me.  ... View more
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Why was I taxed on a partial refund to the buyer?

by puddingtane Contributor in PayPal Basics Archives
‎Mar-20-2020 06:28 PM
‎Mar-20-2020 06:28 PM
I refunded a total of $16.17 for unused postage to the buyer. However, I was charged a fee reversal of $.47 and then tax by eBay for $1.23. So the buyer wasn't refunded the full amount of $16.17, instead receiving $14.47. Now I feel like I cheated the buyer. What are these charges and why?   Refund details Total refunded to Mike S $16.17 Fee reversal -negative $0.47 Tax collected by eBay -negative $1.23   Total paid by you $14.47 ... View more
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