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    4 Replies Latest reply on Sep 12, 2011 3:46 AM by ephemera

    Tax Question on Commission website

    sk24iam Wayfarer

      If an online business is simply the middle man(ebay) do they have to report their sales as the total sale price of the items sold or just their commission?


      For example, Ebay charges buyer total sale price for item, then sends money to seller, and charges seller a commission.  For this type of model, is it required that you report the total sale price and write off the money you are sending to the seller, or can you simply just report your earnings from commission percentage?