Free Newsletter
The IWantCollectibles Newsletter provides tips and advice for anyone with an Antiques, Collectibles or eBay business!

More Antiques and eBay Newsletter Information

Do I Pay Income Tax on eBay Sales?

Filed under:

Hi Terry,
I wanted to tell you that you give great information. I have a question . . How much money can you make on eBay before you have to claim it on your taxes?

Thank you for your time,

Jennifer C.

* * * * *
Are common eBay selling mistakes costing you money? This short quiz will help you earn more money in your eBay auctions.
Check your eBay knowledge now.

You have to pay tax on your income. If you are selling used items from around your home on eBay, you probably aren’t making any money so you won’t owe tax.

If you are buying items in order to resell them, you’ll owe tax on the profits. In order to figure profits you’ll subtract all your costs. Here’s a list of common eBay selling expenses for tax purposes.

If you are making more than a few thousand dollars a year in profit from your eBay sales, you should talk to an accountant.


Did this answer your question? If not, try looking at the questions and answers within the General category, or do a search for other questions.
If you are unable to find an answer to your question, send me an email, and I will answer it.

Summaries Of Recently Added
Antiques, Collectibles and eBay Articles

More Antiques, Collectibles, and eBay Articles

eBay Advice

Antiques Advice

Antiques and eBay Reports

Recent eBay and Antiques Questions