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Do I have to file taxes selling online?
02-22-2014, 02:40 PM
Post: #8
StephenWeinstein Offline
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You have to file.

SE tax is for any money that you make by doing any type of work, except as an "employee".

If you buy clothes to resell them, then you report the sale.
If you sell clothes for more then they cost you, then you report that.
If you got clothes free and sold them, you report that.

The only time that you sell clothes and don't report it is if (1) you bought the clothes to wear, not to resell, and (2) you sell them for less than they cost you (or for exactly the same amount as they cost you).
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Messages In This Thread
[] - Jim S - 02-22-2014, 01:32 PM
[] - NA - 02-22-2014, 01:37 PM
[] - Judy - 02-22-2014, 01:49 PM
[] - Bugsy - 02-22-2014, 02:01 PM
[] - Pascal the Gambler - 02-22-2014, 02:14 PM
[] - tro - 02-22-2014, 02:28 PM
[] - StephenWeinstein - 02-22-2014 02:40 PM

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