Do you claim your earnings?

United States
January 18, 2007 6:50pm CST
Do you claim your earnings from ebay on your taxes? Why or why not? Is it required?
1 person likes this
3 responses
cabergren
@cabergren (1181)
• United States
3 Feb 07
I have been selling about 2 years and I haven't paid any taxes yet. I have sold quite a bit. I believe that you have to make above a certain amount and then PayPal will report your earnings to the IRS. But if you take a lot of money orders I guess that would work.
giftsandbagscom
@giftsandbagscom (71707)
• United States
19 Jan 07
I have a ebay store and all and no I have not. I also heard you have $2000.00 free cash earnigs in a calender year before you need to pay taxes. I think I may be in Jail soon.
sproutz
@sproutz (260)
• Canada
19 Jan 07
I haven't. I don't think I've earned enough to consider it income here. Honestly, I am not too sure. If I made tons of money I might consider it, especially if I gave out receipts to customer sor had a ebay store.