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Ebay message - - Your latest tax invoice is ready to view or download.
Lakesammman
Posts: 17,703 ✭✭✭✭✭
I spend a fair amount of time here on the forum and this caught me by surprise - - when did this start??
Is it for all sellers or is there a dollar/sales volume threshold??
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I think it's just part of the new managed payments reporting, shows the sales tax they have collected on sales that I have made. My first one showed up this month.
it's crackers to slip a rozzer the dropsy in snide
I can't imagine why I would care how much my state will be able to squander because of my sales.
Can anyone explain to me how eBay is collecting sales tax from foreign sellers? Why am I being charged sales tax for a coin coming from the UK or Italy? It seems like an total scam by ebay doing this.
Shows a lot more than that - sales price, final value fee, fee on shipping, sales tax, etc.
I have no problem with it as I report all sales, but it will require me to revise my spreadsheet that more closely resembles what Ebay is reporting.
I take fiendish pleasure in reporting all the details to the IRS especially on transactions that amount to nothing.
Sales tax is collected based on the state where you reside, not the location of the seller.
Google South Dakota vs. Wayfair if you want to know why.
ANA 50+ year/Life Member (now "Emeritus")
Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
Yes. You are paying the sales tax to eBay and we are all hoping ebay remits the sales tax paid to the state of residence.
From what I got, this has NOTHING to do with sales tax!!!!!