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Level 1
September 22, 2021
Question

e-bay income

  • September 22, 2021
  • 2 replies
  • 2 views

how to file income from e-bay and other seller websites? How to figure cost of good sold? What forms do we use? 

This topic has been closed for replies.

2 replies

IRonMaN
Level 15
September 22, 2021

If you have that many questions on the subject, you might want to refer the client elsewhere.  Stick to what you do well and leave the other stuff for someone else.  It's much safer for you and the client that way.

Slava Ukraini!
BobKamman
Level 15
September 22, 2021


You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.


George4Tacks
Level 15
September 22, 2021

 As usual @BobKamman gives helpful information that will lead to a very supportive answer that will keep everyone in line with all IRS guidelines. 

https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-tax-filing-factsheet-for-ebay-sellers/L7h6uJr0i

 

Answers are easy. Questions are hard!