Taxes
How many of you have already paid your taxes?
For the ones that haven't, i'd like to hear how you go about doing them?
I only added an EIN to two stealth accounts last year with about 8 stealths selling but none of those i added the EIN to since i didn't go over.
Of course you can find out what you sold by going to the paypal's of each account but how do you calculate your costs? Do you keep a monthly excel sheet of what you sold each month and the cost of each item and do that for all accounts?
How about returns?
And for my 2 accounts that I added the EIN too that is obvious that I need to pay and add them together but how about the other 8. I have to add all those together and add it to the 2 accounts total or is there a special line to put these 8 account profits on on the tax form?
And what do you add in your deductions for costs of the business? Gas to get to the post office, Internet service? besides the obvious, paper/labels, evelopes, boxes...
First time doing Taxes.
Last edited by Freestyle2384; 03-20-2015 at 05:02 AM.
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