Top 20 Tax Deductions for eBay Sellers

by kamckinley on July 23, 2007

Many eBay sellers ask me, "what expenses can I deduct against my eBay income".

Here are the top 20 tax deductions for eBay sellers:

  1. Inventory or product purchased for resale
  2. eBay fees
  3. PayPal fees
  4. Postage and delivery
  5. Supplies
  6. Bad debts (for those non-paying bidders)
  7. Advertising
  8. Mileage (trips to the office supply store, post office, etc.)
  9. Telephone (cell phone, second line, fax)
  10. Bank charges
  11. Accounting fees
  12. Attorney fees
  13. Computer and software
  14. Contract labor
  15. Furniture
  16. Equipment
  17. Office supplies
  18. Membership fees
  19. Continuing education
  20. Home office expenses

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Tagged as: ebay tax, ebay tax deductions, tax deductions

{ 1 comment… read it below or add one }

Narelle February 5, 2011 at 10:23 am

So, if the buyer pays the cost of postage, can the seller still claim the postage costs on their tax? I’m a seller in Australia….thanks!

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