I am eBay seller and these are my estimated numbers
Estimated 2023 Gross - 185,406
Estimated 2023 Net from eBay- 105,490
Inventory Expenses 2023- 76059
Net Profit 29,431
This is my 1 full time year on eBay made lots of mistakes but just wondering how much I Should have ready for Taxes in 2024?

Any tips to reduce my bill?

My mileage was around 20k
Have a home office deduction
Thanks for the help

  • sarkishockey@alien.topBEnglish
    1·
    10 months ago

    Don’t forget your printer, ink, shipping labels, shipping supplies also equipment like shelfs, bins, sorting/organizing supplies.