Do you have to pay taxes if you sell on eBay?
535615
The legal answer to your question is YES.  You are required to pay taxes for anything you sell for a PROFIT on ebay.  Many people, myself included, have sold items on ebay for a profit.  You are required to report this as income.\n\nIf you purchased an item for $20 and sell it for $10 on ebay, then no taxes are due.  In fact, you could probably count this as a loss against anything you sold for a gain.\n\nBest of luck, email me with any questions,\n\nJared
192430
Yes they do, but you can deduct foriegn tax off of the net owed up to $300.  So if you would normally owe $250 and paid $300 in foriegn tax, then you wouldn't owe the IRS anything.  If they see large amount of money floating around in your accounts without the proper paperwork, they get suspicious.
409466
You should file schdule C for your Ebay business. You first account your sales from ebay, then you account your business expenses: cost to acquire the items for sale, ebay fees, paypal fees, shipping fees, advertisement, auto expenses, home office deduction, telephone expenses, supplies etc. The difference of sales and expense is the net income which is subject both income tax and selfemployed tax. Schedule C is complicated, please seek a qualified tax professional.\n\nZhicheng Lai\nEnrolled Agent
17861
Yes.  you will have to pay taxes on capital gains.  For more information on investment clubs, please visit: \n\nhttp://www.investmentclubhelp.com/
724817
She has to pay sales tax in the state where she purchased the item. If you didn't collect it from her than i fyou are audited you will pay it. they state where you live (california) collects taxes form the person or business who sold the item, It's up to you to collect it from her.&#92;\nIf that was true than all of my cars, clothes, tools,  ect would be brought form another state:)).\nEvery one in Georgia would shop in Florida and everyone in Florida would shop in Georgia.
401525
No, as long as you don't sell, there is not a taxable moment.  So, you won't have to pay tax on any gains on your stockes until you actually sell them (or transfer them to another person).
242086
Well I know if you sell on eBay yes there is a fee. It cost you to list the item plus extra if you want to upgrade. Also the price depends on the start price you place on the item.
941137
Yes, if you are receiving the goods as the agent of the purchaser, and then promptly shipping the goods out of state or country, then you usually qualify for an exemption from the sales tax.\n\nExactly how you qualify for the exemption depends on your State's laws.  In most cases, you will have to acquire a resale or sales tax license from your State's sales tax authority, and to file a report each year.
347174
If the company has a taxable "nexus" in your state -- some form of a presence that is sufficient to give the state tax jurisdiction over the seller -- then they can be required to collect sales tax from you.  If they do not have such a presence, then the state can't force them to collect the tax.  Theoretically you owe the tax whether it is collected by the seller or not.  I say theoretically, because I don't think any of the states presently enforce this on ordinary consumers.
728258
They getcha where they can. Both new and used or second hand items are taxable.\n\nPlaces I know where you might not pay tax is garage sales and e-Bay.
378338
actually yes because. even if it is given to you as a gift you still have to pay taxes on it when you go to register it and the person has to give you a letter saying you paid 1.00 for it
967130
It depends on how much money the person makes. People have to pay taxes on any assets or extra money they make. Some people who make a certain amount of money (under the max you can make) don't have to pay extra money and they just receive it.
264677
If you made more than 400 on a 1099 misc than you need to file. Other than that you do not!! The sale of your car is not income unless you sell cars for a living or on the side. If it was your personal car than no. As far as the money your mom and dad pd you. Did they report that they pd you? If they did and with the money they pd you and the money from the articles you made over 400. Then you have to file. If they didn't than no you don't have to file.
683125
Yes, you have to pay taxes on the gain. You can deduct your basis (what you previously paid to acquire or maintain the domain name), but you do owe taxes on the profit. If you have owned this domain name for more than a year, you may treat this as a long-term capital gain, which will be subject to a lower tax rate.
1069923
Yup, you're taxed on income (salary, dividends, rental income etc).\n\nProperty is taxed yearly based on the value of your property (I think).  \n\nBuying and selling shares are taxed on point of sale, so if you do not have any other income, you can file for a refund at the end of the year.\n\nCapital gains are NOT taxable so if you strike the lottery, it's all yours.
341443
Go to the local Tax Assement.  Unpaid taxes get taken out of the sale of a house at closing and can go on for years so you might not be able to motivate some people to sell that way.  I think it all depends on what city you are in.
919247
It depends on how many and how much of a thing and under what circumstances they are to be sold.  Will it be a once in awhile Garage Sale, or a Retail Store.  Unless selling your personal property becomes a business you can sell w/o a Business Permit  or a Resale tax I.D. number.  On the other hand, if you had Yard Sales every weekend for a year you would have a business, and the above mentioned documents would be needed.