 Should I co-sign a loan with my mom? |
| My mom wants to apply for a debt consolidation loan but has bad credit. My 2 brothers, sister, & brother's friend live with her in a house. I rent an apartment with my bf. I'm the only ... |
|
 What amount of money calls you rich? |
is it
10,000
20,000
30,000
40+
or 1 million pounds
Additional Details
very funny jon b very funny im laughing that was great ... |
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 How can you make money online or in other ways? |
| For Example: surveys, product testers, etc.... |
|
 Is it True, that For Most People, if you...? |
| ...gave them $1,000,000 they would broke again in a year or two? Why or Why not?... |
|
 What is the cheapest and simplest way to become bankrupt? |
| is there a way to declare bankruptcy without having to appear in Court and without filling too much paperwork?... |
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| I need help to get a loan? |
| I need a legitimate business or individual. Please do not ask me to send money in advance of a loan. I have been scammed so many times, I am broke, bills past due, my wife is out of critical ... |
|
 What happens if i write out a personal check--but there are not enough funds in the bank? |
...will the person still get the money (but leave my account negative)?
or will he NOT get the money?
also, what is the difference between an NSF fee (non-suffecient funds) and ... |
|
 Cheap rich people,what is their problem ? |
Sometimes I see them at Wal-Mart,K-Mart,and BigLots just looking for the cheapest prices.
One of my co-workers mother in law buy her clothes at Sally's Army and got kicked out of there one ... |
|
 School loans v. car payments v. 401K? |
| I have 2 different school loans, one is at 7.2% interest rate, the other is twice the amount with a 2.8% interest rate. I've been paying about 2-3 times the minimum every month on the higher ... |
|
 How Much Money Should a 20 Year Old Have Saved Up? |
| I'm 20 and running a web design company. I was just wondering how much does the average 20 year old usually have saved up?... |
|
 Social Security Benefits? |
| I just recieved my Social Security Statement telling me what my benefits are as of my last years earnings. This may sound stupid but is there a way that I can cash out my earnings now? I am a ... |
|
 How to make money online or easy money in the Philippines? |
Hi, just wanted to know if there was a way to earn money online in the Philippines or if there was any other way to make money fast because of certain troubles. thanks
Additional Details
... |
|
 Is this email a scam? |
UK National Lottery,
PO Box 1010,Liverpool,
L70 1NL,
United Kingdom,
REF:UKL/65345543-98666
BATCH:2007UKL-01.
WINNING NOTIFICATION:
We happily announce ... |
|
 Can two people survive w/ $60 only for a week? |
One stays at home (unemployed) and the other will go to work from Tuesday-Friday (thank God there's no work on Monday).
Additional Details
All bills had been paid, including rent ... |
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helpmeplese | Do i have 2 pay tax on items i sell on ebay? |
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 |
 
Scotty
 |
Strictly speaking, all income should be declared |
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♥Pink Princess♥
 |
if you sell stuff on a regular basis then i think you should but everynow and again i shouldn;t think so
the taxman doesn't turn up when your at a bootsale does he??? |
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Pat
|
well....the taxman mite not find u....but i guess if ur profiting more than 10000 in the year, u would need to declare your income and pay taxes on them |
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Ting Tong
|
off coarse ...do you think asylum seekers pay for them selves... |
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lady_roper2
|
Depending on the state that you live in, you might be required to collect city and/or state sales tax on items that you sell (this is dependant on where the buyer lives).
Here in Colorado, I am required to collect tax if my sales are ABOVE $300 per month.
I would recommend that you apply for a Business License in order in order that you get a tax number to pay your taxes. Additionally, if you get the Business License, you can write off ALL supplies, advertising, and expenses that you incur during the year, for your business on your income taxes.
Lastly, you have to include your income from Ebay, even if your sales are less than $5000 on your yearly income tax. |
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JUSTME
|
If you make a profit, yes, you are supposed to pay taxes on those profits. |
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luckydo6
 |
yep postage |
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Phoenix, Wise Guru
|
You need to report your profits as income and pay taxes on them. |
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parsonsel
|
Not only do you have to pay income tax on the things you sell, you're supposed to pay sales tax on the things you buy.
Most people scoff at these taxes and don't fess up. I'm sure that the time is coming when it will be tracked, gotta love paypal, and you'll be forced to comply. |
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DonnaDoop
|
thats a good question ! Id think that if you are selling second hand (used) items then you already paid tax on them when they were new, but, Im sure the government have though of a way to squeeze more money out of people like yourself who just want to make a little bit of money and spoil the fun. |
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tom4bucs
|
generally you have to pay tax if your buyer lives in your state and your state normally collects tax on that item.
for out of state sales, you probably need to contact your Department of Revenue. |
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vosa
|
you only have to pay vat,,tax on new items you sell,, because there second hand the tax was paid when they were new,, Ive been trading on eBay for years,,, no problems,,, |
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Jen G
 |
Yeah I heard we are supposed to be taxed on what we sell and buy. I didn't last year and I don't plan on it this year! |
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spicertax
|
There are both income tax and sales tax issues. This question gets asked about every week. Look at some old answers too by paging backward. |
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Frank Castle
 |
Yes. |
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