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Bessemer Bob

Does anybody understand taxes on Ebay

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Ive decided to seriously thin the herd and only make future purchases with funds from what I can sell. Kinda keeping my hobby spending under control.

Now there has been a ton of changes lately to taxes for internet sales and I frankly do not understand it.



From what I can tell currently sellers are responsible to collect and pay tax.. This month that will change and for a fee ebay/paypal will collect and pay tax?


Am I missing something?
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  1. zosimas's Avatar
    It would be handy if they took out taxes. A couple years ago i got screwed over by my state for taxes for selling an estate lot of a friend who passed away. Wish i had just given the stuff away.
  2. Bessemer Bob's Avatar
    Seems as of just recently Ebay or Paypal is automatically collecting the tax. Though the description is not a clear as I would hope on the site.