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Old 03-24-2009, 09:42 AM
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Join Date: Nov 2008
Location: Fredericksburg, VA
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15 yr Member
legzzalot legzzalot is offline
Magnate
legzzalot's Avatar
 
Join Date: Nov 2008
Location: Fredericksburg, VA
Posts: 2,091
15 yr Member
Lightbulb I have a question....

So I have started selling things on ebay, and it is finally starting to turn a profit. The question is, how do I report this for income? You see before when I did this as a business, it was all cash sales, mostly parties and instead fo filing for a tax id number and all of that iwould just report it at the end of the year as misc income. But I would like to keep my business income and expenses separate from my personal income and expenses.
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