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-   -   Amazon Gross Sales question? (https://www.aspkin.com/forums/amazon/40350-amazon-gross-sales-question.html)

DHB123 12-11-2011 11:46 AM

Amazon Gross Sales question?
 
I am calculating my entire gross sales from Amazon this year, and want to clarify something:
Are my gross sales the entire amount of the sale? In other words is it the entire price of the items sold, including the 15% Amazon charges. I am just over the 20,000 mark, and if it was less the 15% it would bring me under the limit. Just wanting to be sure so i can formulate a plan....

adam34996 12-11-2011 02:37 PM

Did Amazon request IRS info from you yet? They are requiring anyone with 50+ sales to submit info regardless of the 20k/200 transaction mark.

I am pretty certain the sale price is used, not sales - fees.


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