Question

I've made a fairly large amount on ebay, etsy and shopify. How should I claim this on my taxes as well my deductions?- My deductions would more then off set any gains

Forum|Forum|4 years ago
February 14, 2022
1 reply
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I am not able to receive 1099 from any service - Ebay. Etsy or Shopify since none meet the needed selling requirements?

TurboTax Deluxe Online

Yes, you would enter your income and expenses for this selling business. Enter in the "Self-employment" topic in the "Income" tab. There you can enter both the income and the expenses. You will pay income tax and self-employment tax (social security/medicare) on your net income.

Here is a link with more information on self-employment tax tips.

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