Is buying vintage cards on Ebay subject to SALES TAX????

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03-26-2015, 07:02 AM

savedfrommyspokes savedfrommyspokes is offline

member

Larry More.y

Join Date: Nov 2011

Posts: 2,045

Quote:

Originally Posted by bobbyw8469

What if you don't live in the same state? Do I need to declare it on my taxes? Add 6.5% to all my purchases?

For any items you purchase for resale from outside of your home state, you do not have to pay your state's use tax on these purchases....this is according to my accountant. Obviously you would need a business license for your business to be eligible to avoid paying these use taxes.

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