Home  >  Community  >  The eBay Outlook  >  Do you have to pay taxes on that?


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 yeager
 
posted on October 31, 2001 02:25:10 AM new
On occasion, I share the stories of some the great ebay sales I've had. These stories might involve the purchase of an item at a relatively modest cost, and selling it at a handsome profit.

Some people are amazed at the amount of money a person can make from ebay. I tell them it can be made on the right items.

After telling them about a couple of different items, I always seem to get this question from them, in a somewhat disgruntled tone. Do you have to pay taxes on that? I always wonder why they would have the need to ask that question. The only time a person asks a question is when they are seeking information they feel they have a need for. Example: When you're lost in a strange town, you stop at a gas station and ask for directions. You then use this information to find your way.

If I said yes, or if I said no, they wouldn't really feel any different about these sales would they? I think the reason they're asking is they may be slightly jealous of this income. My answer to their question is that I file a schedule C for my taxes. Judging by their facial expression, I think some don't know what that is.

Do you ever encounter people who ask the "Do you have to pay taxes on that?" question?
 
 creativelabels
 
posted on October 31, 2001 06:32:46 AM new
I've never had a customer ask if I pay taxes. However, the wife of one of my hubby's co-workers, is absolutely jealous of me. She hates that I have my own business. I heard her hubby whisper to her, yeah she doesn't pay taxes either. Oh did I set him straight! He is such a jerk!!



 
 Coonr
 
posted on October 31, 2001 07:29:49 AM new
"Do you have to pay taxes on that?"

YES.

 
 dejapooh
 
posted on October 31, 2001 08:28:54 AM new
Q) Do you pay taxes on that?

A) Don't you pay taxes on all of your income?

 
 
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