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#13
03-07-2021, 03:36 PM
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It's really simple, run and treat your eBay sales as a business. The (legal) deductions available to one running a business will mitigate any tax issues you might have otherwise. Just a sample of expense deductions:
Postage (in and out) eBay Fees PayPal Fees Taxes (some) Accounting/bookkeeping/legal fees Mileage (with some limitations) Office Supplies (everything from envelopes to ink for the printer) Subscriptions (services like Worthpoint and VCP) That's just a start. 
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