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New Seller Information page for eBay newbies. What do you think?

Posted Monday, January 31, 2011, at 8:30 PM

If you get a chance, take a look at this page http://pages.ebay.com/sellerinformation/... and see if you think it is easy to get information. We have some mixed opinion on our Education Specialist Discussion board and I wanted to get some opinions, especially from anyone brand new to selling on eBay.

If you do not want to make them publicly, e-mail me at Steve@bedfordtradingpost.com


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The feedback so far is positive but one question that is not answered is about taxes. eBay does not have an extensive discussion on taxes and most statements always end with "consult local and federal laws, or your tax professional"

You could get some ideas from discussion boards like Power Sellers, Trading Assistants or Miscellaneous, but please take this information and do some independent research of your own. Or as eBay says "consult....."

Here are some links of interest:

http://forums.ebay.com/db2/topic/Paypal/...

https://www.thepaypalblog.com/2008/08/pr...

http://answercenter.ebay.com/thread.jspa...

In a nutshell eBay does not report your income BUT PayPal will have to, so since PayPal is the primary payment method one eBay, you can connect the dots.

Don't relax when you hear reporting threshold is $20,000 because it is either/or 200 transactions. So if you sell small things or sell on several sites and still use PayPal, it could slip up on you.

-- Posted by stevemills on Tue, Feb 1, 2011, at 8:37 AM


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Steve Mills and his wife have one daughter and live on a farm outside of Bell Buckle. They previously owned two coffee/ice cream shops, currently operate an internet sales company and teach classes, but his primary job involves the paper industry worldwide. Hobbies and interests lie in gardening, photography, recorded music and of course, their pets.