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Do I have to file taxes selling online?
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02-22-2014, 01:24 PM
Post: #1
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Do I have to file taxes selling online?
I sell clothing online through Ebay and Instagram and just barely made $700 so far. I'm unemployed right now and I plan on making this into a whole full-blown business, but it's not registered yet.
Will I have to pay taxes? What do I need to file? I live in Nevada. Thank you for your replies. Does SE tax cover selling used clothes? What about resale of clothes purchased new for the shop? Do I report those as profit in the 1040 form? Ads |
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Do I have to file taxes selling online? - Ayami - 02-22-2014 01:24 PM
[] - Pascal the Gambler - 02-22-2014, 02:14 PM
[] - StephenWeinstein - 02-22-2014, 02:40 PM
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