Comments on: Can you deduct your eBay and PayPal fees on your tax return? http://www.internetbiztaxtips.com/2007/02/can-you-deduct-your-ebay-and-paypal-fees-on-your-tax-return/?utm_source=rss&utm_medium=rss&utm_campaign=can-you-deduct-your-ebay-and-paypal-fees-on-your-tax-return Tax Tips for eBay sellers and other online business owners Mon, 05 Dec 2011 17:32:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kristine http://www.internetbiztaxtips.com/2007/02/can-you-deduct-your-ebay-and-paypal-fees-on-your-tax-return/#comment-5 Kristine Wed, 07 Mar 2007 08:10:41 +0000 http://internetbiztaxtips.com/2007/02/can-you-deduct-your-ebay-and-paypal-fees-on-your-tax-return/#comment-5 Good question Deb. I can see how that could make sense to some people, but I still see eBay fees as advertising, not commissions, especially since you have to pay listing fees whether the item sells or not. However, for tax purposes, both advertising fees and commissions are treated the same, so both answers are correct. Thanks for the question. Good question Deb. I can see how that could make sense to some people, but I still see eBay fees as advertising, not commissions, especially since you have to pay listing fees whether the item sells or not.

However, for tax purposes, both advertising fees and commissions are treated the same, so both answers are correct. Thanks for the question.

]]> By: Deb http://www.internetbiztaxtips.com/2007/02/can-you-deduct-your-ebay-and-paypal-fees-on-your-tax-return/#comment-4 Deb Wed, 07 Mar 2007 03:29:36 +0000 http://internetbiztaxtips.com/2007/02/can-you-deduct-your-ebay-and-paypal-fees-on-your-tax-return/#comment-4 You state that ebay fees are advertising expenses and paypal fees are other expenses. However, my CPA says they should go under the commissions and fees section. Since the fees are a commission on the sale doesn't that make more sense? You state that ebay fees are advertising expenses and paypal fees are other expenses. However, my CPA says they should go under the commissions and fees section. Since the fees are a commission on the sale doesn’t that make more sense?

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