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How would u file taxes if u sell stuff off of etsy or an AT home webdesigner?
11-10-2012, 01:26 AM
Post: #1
How would u file taxes if u sell stuff off of etsy or an AT home webdesigner?
what paper work do u need?
belive it or not i do twitter web pages....

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11-10-2012, 01:34 AM
Post: #2
 
You should use a long form and declare the money earned as a business. You also need to file with your State and submit taxes received for your sales. Anything that was sold within your state means you need to receive taxes and give the collected money (quarterly, I believe) to your state. You should also have a resale license so you can purchase the materials you might need wholesale.

Generally, asking here is a bad idea. If you get a software to assist you like Quicken (there are others on line) you will be far better off than asking us.

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