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-   -   What are you doing for the over $600 tax forms? (https://www.aspkin.com/forums/ebay-discussion/149684-what-you-doing-over-600-tax-forms.html)

getnpaid 02-07-2023 05:23 AM

What are you doing for the over $600 tax forms?
 
I sell 20ish different items and will be over the $600 mark with 3-5 sales per account. What are you doing for the tax forms? If possible how are you avoiding that? What about with stealth accounts? Thanks

rsot 02-07-2023 06:42 AM

Re: What are you doing for the over $600 tax forms?
 
don't think you can really avoid that - other posts have been discussing that mark and taxation if you search for them

goldfish 02-07-2023 07:28 PM

Re: What are you doing for the over $600 tax forms?
 
Only way not to get 1099 is using none usa accounts

In accounts for sale section you can buy none usa accounts
Poyneer countries can be used
Also euro countries are another option

getnpaid 02-07-2023 08:39 PM

Re: What are you doing for the over $600 tax forms?
 
Quote:

Originally Posted by goldfish (Post 1210520)
Only way not to get 1099 is using none usa accounts

In accounts for sale section you can buy none usa accounts
Poyneer countries can be used
Also euro countries are another option

I will research into these accounts, not sure if USA buyers would be discouraged to buy if they think item is coming from another country (longer ship) and also if I’d be getting majority sales to non U.S. buyers

TheBosss 02-07-2023 10:53 PM

Re: What are you doing for the over $600 tax forms?
 
Quote:

Originally Posted by goldfish (Post 1210520)
Only way not to get 1099 is using none usa accounts

In accounts for sale section you can buy none usa accounts
Poyneer countries can be used
Also euro countries are another option


UK accounts as well?

markb1 02-07-2023 11:27 PM

Re: What are you doing for the over $600 tax forms?
 
Yes, UK accounts are advantage for that.

Payoneer accounts I have not explored yet, but might be a good solution to avoid banking headaches and move funds more freely

goldfish 02-08-2023 06:19 PM

Re: What are you doing for the over $600 tax forms?
 
Quote:

Originally Posted by getnpaid (Post 1210522)
I will research into these accounts, not sure if USA buyers would be discouraged to buy if they think item is coming from another country (longer ship) and also if I’d be getting majority sales to non U.S. buyers

No you can just list on .com website
Put No international shipping
Put item location a usa zip code near you

It wouldn’t look like item is from abroad
If they click on your ac about page they will see your account is
Uk or German or isreal or something

But sometimes you get slower sales volume vs using usa accounts
For some reason

Also eBay charges extra 2 percent for international sales fee

SaiJin 02-08-2023 08:58 PM

Re: What are you doing for the over $600 tax forms?
 
Quote:

Originally Posted by getnpaid (Post 1210447)
I sell 20ish different items and will be over the $600 mark with 3-5 sales per account. What are you doing for the tax forms? If possible how are you avoiding that? What about with stealth accounts? Thanks

Just pay the tax... at that $ you won'tbe paying any anyways....

murdered_by_ebay 02-08-2023 09:13 PM

Re: What are you doing for the over $600 tax forms?
 
it is more preferrable to use non usa accounts but they might be hard to verify

registration country is not a problem if item location is usa , you just add additionally to description that you are a us seller so that no one have doubts

getnpaid 02-09-2023 05:34 AM

Re: What are you doing for the over $600 tax forms?
 
Many thanks to all for the replies


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