How to report tax on ebay selling income?

Emily asked:


I am starting to sell on ebay this year, I earn about 2000 per month. when the tax year come, how should i report my tax? if in the future, each month i can earn is about 4000-6000 per month, is it better if i register for a business license?
Thanks
Thanks

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Posted in United States |

4 Responses

  1. RoneRedBull Says:
    April 22nd, 2009 at 1:03 am

    The blogs area they are very eager to answer your ebay business with ebay good luck if you join the blogs area they are very.
    The resources and answers to answer to answer to answer your questions pertaining to your tax in doing business with.

  2. crazydave Says:
    April 22nd, 2009 at 12:50 pm

    An audit.
    The event of an audit.

  3. Jss Says:
    April 23rd, 2009 at 5:14 am

    Read about self employed tax filing and payment of estimated taxes:

  4. StephenWeinstein Says:
    April 23rd, 2009 at 7:53 am

    Report the income Schedule SE and on either Schedule C or Schedule C-EZ (C-EZ is simpler, but C also more deductions).