Related Ads
Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small

First, the bottom line: There is a big difference tax-wise as to whether your eBay activity is a hobby or a business in the eyes of the IRS, with greater benefits arising from a business classification. However, treating eBay as your business when Uncle Sam concludes it is a hobby can result in back taxes and penalties. Don't fear the taxman, though -- there are ways to demonstrate you are operating a legitimate eBay business.

by: , Attorney

Get Informed
Empower yourself with our plain-English information
Do It Yourself
Handle routine tasks with our products
Find a Lawyer
Connect with a local lawyer who meets your needs
The fastest, easiest way to find, choose, and connect to business lawyers