Paying taxes ?

k12k08 · #1 03-13-2010

I hear alot of talk about paying taxes and the irs with ebay. Is it true you have to pay taxes, I gotten emails with pay pal saying its tax season and what not, and I am wondering is it true ? And is becoming a top rated seller give you a higher risk on having to pay tax ?

Many thanks in advance.

**aspkin** · #2 03-13-2010

You should always pay your taxes. Making money with eBay is no different.

k12k08 · #3 03-13-2010

Ok ya, I know but I am wondering if they find out or force you too.

**aspkin** · #4 03-13-2010

They'll find out when they audit you.

Don't mess with the IRS is all I'm going to say.

k12k08 · #5 03-13-2010

Ok thanks for the info, so all you guys on here pay taxes ? Even if your selling not for a profit just like i.e. used old stuff. I am just wondering