Ebay as a business and declaring it on your taxes

phorsenuf

Not so New Rule author
Joined
Feb 21, 2003
Messages
19,619
Ok, so those who do ebay and run it as a business, can I pick your brain a bit?
How do you claim your business? Do you use a schedule C? Do you claim a home office? What about where you store everything? Also, do you figure inventory costs and such?
I'm curious how everyone handles it. I do my own taxes...always have. I've had home businesses before (child care), but I'm wondering how this may differ.
Thanks for any advice you can give!!!
 
Try posting this on the Budget board where the huge Ebay thread is located.
 












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