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    NightOwl Forums The Crypt Off Topic Taxes!

     
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    Taxes!
    🪦 WarLocK ●
    Dead and Rotting

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    #1
    01-26-2006, 04:03 PM (This post was last modified: 01-26-2006, 04:03 PM by WarLocK.)
    Ok guys, I\'ve looked around for a few days now trying to figure out what I should do when claiming taxes this year. I\'ve been in the mask collecting, buying, selling, trading hobby for about 6 years now. I have never reported any of my paypal funds, or ebay activity before... but this year it crossed my mind. I mean yes, its a hobby but sometimes I do bring in more than I pay for a mask or two. I don\'t have a business like some of you guys, but I\'d still like to know how to go about this. Do any of you report your eBay sales and paypal income if you just do it as a hobby and not a business? I\'d say my cashflow (not extra income) was well over $15,000 for the year through paypal. Any info here would be appreciated. There are just so many unanswered questions and loopholes. Thanks in advance.
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    Messages In This Thread
    Taxes! - by WarLocK - 01-26-2006, 04:03 PM
    Taxes! - by Cryptoys.com - 01-26-2006, 04:41 PM
    Taxes! - by HERETIC - 01-26-2006, 04:46 PM
    Taxes! - by WarLocK - 01-26-2006, 04:55 PM
    Taxes! - by Cryptoys.com - 01-26-2006, 05:40 PM
    Taxes! - by HERETIC - 01-26-2006, 05:45 PM
    Taxes! - by WarLocK - 01-26-2006, 05:46 PM
    Taxes! - by adam - 01-26-2006, 05:55 PM
    Taxes! - by GBeninati - 01-26-2006, 06:11 PM
    Taxes! - by WarLocK - 01-26-2006, 06:15 PM
    Taxes! - by Cryptoys.com - 01-26-2006, 06:34 PM
    Taxes! - by WarLocK - 01-26-2006, 07:22 PM
    Taxes! - by Cryptoys.com - 01-26-2006, 07:30 PM
    Taxes! - by GBeninati - 01-27-2006, 07:14 AM

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