For the Casual Seller on eBay: Do you report your income?

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03-22-2010, 11:53 AM

CardTarget CardTarget is offline

Mi.ke Masi.nick

Join Date: Mar 2009

Posts: 191

Quote:

Originally Posted by FUBAR

on the flip side, if we lose money, do you think they would give us a tax break?? i think not!!

Uh, yea... of course they will. All they care about is the total money you MADE from the activity as a whole. If you lost money on one sale and made money on another sale and they cancel out then you won't owe anymore.

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