Paying Taxes On Ebay? - GoFuckYourself.com

lanclandesigns · 01-07-2005, 02:54 PM

Does anyone actually pay taxes if they sell on ebay....doubt it

Jon2 · 01-07-2005, 03:37 PM

Taxes?

You have to pay them?

Jon

Babagirls · 01-07-2005, 03:38 PM

thats one the questions i was gonna ask my accountant actually (but havent done yet)..good question.

woj · 01-07-2005, 03:40 PM

What are "taxes"?

Sparks · 01-07-2005, 05:28 PM

I do with my toy business, but we are power sellers on there and do about 700 auctions a month. We didn't until '02, but got reemed by the IRS. If you aren't selling a whole lot I wouldn't worry about it.

flashfire · 01-07-2005, 05:33 PM

if you're making big money you better, a few have been busted and they like to make examples out of people, you can always write off everything you own though

Furious_Male · 01-07-2005, 05:40 PM

You should pay taxes on the profit you make. Just like any other business. Profit/Loss.

azguy · 01-07-2005, 05:51 PM

Isn't paying taxes only something poor people do?

lanclandesigns · 01-07-2005, 06:12 PM

Well, I'm planning on doing a LOT with my rock business.........sucks, never got into taxes before. just got a tax ID also...whats the best way to keep track of the taxes, keep receipts of everything, and invoices etc.?

BuckLover · 01-07-2005, 06:12 PM

ztik · 01-07-2005, 06:13 PM

Tax evasion = jail time
Specialy if you are trying to hide money, you'll get fucked

wes · 01-07-2005, 06:20 PM

you can hide some money. What I use to do when I was a waiter

lanclandesigns · 01-07-2005, 06:21 PM

i don't care about paying taxes, just not sure how to go about it...................... all thats to it is keeping receipts and track the sales/profits etc........but what is the tax % you take off and shit, im from NYC....im sure its fucking high! anyone know?

pxxx · 01-07-2005, 06:21 PM

All depends on how much money you are making. I would pay it though no matter how much, better be safe than sorry.

lanclandesigns · 01-07-2005, 06:23 PM

Does anyone know like how much % i'm supposed to take out of the profit, im sure its like u know 100% or something, but really, does anyone know where i can find out? I'm From NYC, usa

Furious_Male · 01-07-2005, 06:25 PM

Quote:

Originally Posted by lanclandesigns

Does anyone know like how much % i'm supposed to take out of the profit, im sure its like u know 100% or something, but really, does anyone know where i can find out? I'm From NYC, usa

Your best bet is to hire a certified accountant.

Veterans Day · 01-07-2005, 06:26 PM

Quote:

Originally Posted by lanclandesigns

Does anyone know like how much % i'm supposed to take out of the profit, im sure its like u know 100% or something, but really, does anyone know where i can find out? I'm From NYC, usa

ya grab an accountant. I do quarterly estimated tax returns. CPA is your best bet, seems your clueless to taxes, so I urge you to contact a CPA

xclusive · 01-07-2005, 06:53 PM

I don't sell too much so i pay to keep things on the up and up I believe in being honest in business...

TheMob · 01-07-2005, 07:09 PM

yeah, you better pay them

SirSmokeALot · 01-07-2005, 07:10 PM

Quote:

Originally Posted by Furious_Male

Your best bet is to hire a certified accountant.

Very true, its very hard to fuck the IRS. They'll find you.

GatorB · 01-07-2005, 09:15 PM

If you make more than $400 in slef-employed imcone per year you are supposed to report it to the IRS. Just remember if you don't the IRS does have the ability to check your bank statments and if you sold $1000's of merchandise the IRS will find out. Ask yourself, are you a legit business person or a flim flam guy? If you're legit, act like it.

Screaming · 01-07-2005, 09:30 PM

i would if you have made any good sum of money, i mean if its like a hundred bucks or less not so much a big deal but if you make a good profit i would

feN · 01-07-2005, 09:31 PM

ebay fees are high enuff, fuck taxes

GatorB · 01-07-2005, 09:37 PM

Quote:

Originally Posted by feN

ebay fees are high enuff, fuck taxes

Real mature. Hope you like prison. E-bay fees are a BUSINESS EXPENSE, moron. Thus they are tax deductable.

69pornlinks · 01-07-2005, 09:59 PM

Quote:

Originally Posted by GatorB

Ask yourself, are you a legit business person or a flim flam guy? If you're legit, act like it.

from what i heard eron (sp) didn;t pay takes for years

, but then again who can afford a prez

01-07-2005, 02:54 PM	#1
lanclandesigns Confirmed User Join Date: Aug 2003 Location: Queens, NEW YORK CITY! Posts: 1,372	Paying Taxes On Ebay? Does anyone actually pay taxes if they sell on ebay....doubt it __________________ Signature is for sale! ICQ ME 287-017-204

01-07-2005, 03:38 PM	#3
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	thats one the questions i was gonna ask my accountant actually (but havent done yet)..good question. __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

01-07-2005, 03:40 PM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	What are "taxes"? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

01-07-2005, 05:40 PM	#7
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,881	You should pay taxes on the profit you make. Just like any other business. Profit/Loss. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

01-07-2005, 06:12 PM	#9
lanclandesigns Confirmed User Join Date: Aug 2003 Location: Queens, NEW YORK CITY! Posts: 1,372	Well, I'm planning on doing a LOT with my rock business.........sucks, never got into taxes before. just got a tax ID also...whats the best way to keep track of the taxes, keep receipts of everything, and invoices etc.? __________________ Signature is for sale! ICQ ME 287-017-204

01-07-2005, 03:37 PM	#2
Jon2 So Fucking Banned Join Date: Aug 2001 Posts: 2,875	Taxes? You have to pay them? Jon

01-07-2005, 05:28 PM	#5
Sparks Confirmed User Join Date: Nov 2004 Location: Southern CA Posts: 2,466	I do with my toy business, but we are power sellers on there and do about 700 auctions a month. We didn't until '02, but got reemed by the IRS. If you aren't selling a whole lot I wouldn't worry about it.

01-07-2005, 05:33 PM	#6
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	if you're making big money you better, a few have been busted and they like to make examples out of people, you can always write off everything you own though

01-07-2005, 05:51 PM	#8
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	Isn't paying taxes only something poor people do?

01-07-2005, 06:12 PM	#10
BuckLover Confirmed User Join Date: Feb 2003 Location: I'm everywhere Bitches!! Posts: 1,656	No!

01-07-2005, 06:13 PM	#11
ztik Confirmed User Industry Role: Join Date: Aug 2001 Location: Nomad Posts: 5,196	Tax evasion = jail time Specialy if you are trying to hide money, you'll get fucked

01-07-2005, 06:20 PM	#12
wes Confirmed User Join Date: Apr 2002 Location: Vegas/Pacific Palasades Posts: 3,150	you can hide some money. What I use to do when I was a waiter __________________ Hot Mom Blog : Tempting Teens : Spicy Tacos : Smutx Free Porn

01-07-2005, 06:21 PM	#13
lanclandesigns Confirmed User Join Date: Aug 2003 Location: Queens, NEW YORK CITY! Posts: 1,372	i don't care about paying taxes, just not sure how to go about it...................... all thats to it is keeping receipts and track the sales/profits etc........but what is the tax % you take off and shit, im from NYC....im sure its fucking high! anyone know? __________________ Signature is for sale! ICQ ME 287-017-204

01-07-2005, 06:21 PM	#14
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	All depends on how much money you are making. I would pay it though no matter how much, better be safe than sorry.

01-07-2005, 06:23 PM	#15
lanclandesigns Confirmed User Join Date: Aug 2003 Location: Queens, NEW YORK CITY! Posts: 1,372	Does anyone know like how much % i'm supposed to take out of the profit, im sure its like u know 100% or something, but really, does anyone know where i can find out? I'm From NYC, usa __________________ Signature is for sale! ICQ ME 287-017-204

01-07-2005, 06:53 PM	#18
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	I don't sell too much so i pay to keep things on the up and up I believe in being honest in business... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

01-07-2005, 07:09 PM	#19
TheMob Confirmed User Join Date: Jan 2003 Location: 2006 Posts: 8,584	yeah, you better pay them

01-07-2005, 09:15 PM	#21
GatorB The Demon & 12clicks Industry Role: Join Date: Oct 2001 Location: SallyRand is a FAGGOT Posts: 18,208	If you make more than $400 in slef-employed imcone per year you are supposed to report it to the IRS. Just remember if you don't the IRS does have the ability to check your bank statments and if you sold $1000's of merchandise the IRS will find out. Ask yourself, are you a legit business person or a flim flam guy? If you're legit, act like it.

01-07-2005, 09:30 PM	#22
Screaming I can change this!!!!! Join Date: Feb 2004 Posts: 18,972	i would if you have made any good sum of money, i mean if its like a hundred bucks or less not so much a big deal but if you make a good profit i would __________________

01-07-2005, 09:31 PM	#23
feN Confirmed User Join Date: Aug 2003 Location: ger Posts: 2,547	ebay fees are high enuff, fuck taxes __________________