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Help!! Audited on my 2021 Taxes over baseball cards!!
I got audited yesterday over my 2021 taxes for the Ebay sales. Any advice on what to do?
Last edited by bobbyw8469; 03-06-2024 at 07:23 AM. |
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__________________
Leon Luckey |
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I paid taxes on it back in 2021. I got lucky and still had my receipts from the various auction houses. But Ebay doesn't send invoices for the fees they take out. Trust me Leon....I'm not getting rich. I just love buying and selling cards.
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Bobby I think you can go to ebay payments and search from 01/01/2001 to 01/01/2022 and it lists each sale. deduction for fees and shipping, then net for each sale. It would be a long project for as much as you sell but it's at least a way to itemize the fees. Fees you can deduct is less taxes for you now. Good Luck!
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eBay monthly report
I think if you look at eBay's monthly reports it shows eBay's Fees and shipping fees + other adjustments-- -
Last edited by Directly; 03-06-2024 at 06:28 AM. |
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I don't mean to hijack the thread but where do I look to find ebay's monthly reports from 2021? I'm not experienced on ebay and can use the help!
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I believe the highest audited county in the country is in the Mississippi Delta.
Sent from my iPhone using Tapatalk Pro |
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Have any of your guys ever been audited for selling stuff on Ebay yet?
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I did have a bonus side quest with the IRS a couple of years ago, when their scanner failed to register a negative sign on my tax return, and they sent me a notice saying that I owed them $73k. But nothing related to cardboard.
__________________
Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
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Sent from my SM-S906U using Tapatalk |
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Good point Val. Thinking in Polish. Oh well.
Sent from my motorola edge 5G UW (2021) using Tapatalk |
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