@jennyflipsforfun: Replying to @Aprilharmony this is just my experience and not a guarantee of anything #taxes #ebayseller #reselling #resellingcommunity #resellertips #resellertiktok #flippingforprofit
May I ask how much you made to have to pay $20k in taxes? Sorry if that is too personal.
2025-07-18 14:50:50
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user3450633113855 :
You can deduct shipping, traveling to post office, cost of items etc,, talk to a tax person. More resellers should be talking about this. Thanks for talking about it
2025-07-17 03:17:24
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Beverly Bozarth :
my tax person said anything over $400
2025-07-17 14:26:13
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LaChama28 :
After October 2025 that tax will be changing to 20k🥰
2025-07-17 17:01:54
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Nonna101623 :
It’s been $600 for at least the last 10 years. 😏
2025-07-17 02:08:02
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Angela Miller :
You could have still wrote off expenses as a self employed schedule C but yes you have to pay self emplument. You can amend your past taxes if you needed.
2025-07-17 13:27:45
0
Daisyybabez 💋 :
But isn’t that the reason eBay takes taxes from us ?
2025-07-16 22:50:24
4
michelle.h075 :
I saw a TikTok video recently saying that it was changing back to $20,000 for 2026. I don’t know if it’s true.
2025-07-17 12:16:26
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Amber❤️ :
How does it work if you’re selling things you already own, like cogs for expenses
2025-07-16 21:54:36
1
Pamela Carson :
Ya but eBay holds taxes out of your sells
2025-07-17 11:39:30
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Coffee Drinker :
Thanks Biden Administration! They implemented taxing after $600
2025-07-16 22:11:53
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ʍoN uıɐʇdɐƆ ǝɥ⊥ ɯ’I™ :
There’s a YouTube video tittles “Watch this BEFORE doing your eBay taxes” by Justin resells. Super informative & very easy to understand. It took my anxiety about it way down. Can’t recommend it enough for anyone starting out.
2025-07-17 06:13:43
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Aprilharmony :
Thank you for the response!
2025-07-17 17:08:04
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Faby :
Do you still pay quarterly taxes?
2025-07-17 02:55:27
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Alfie🕺🪩✌🏽 :
He fixed mine@Jaden_logistics
2025-07-19 00:33:18
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