Super helpful, thank you! I’ve always done my own taxes and maybe I will also try to do them myself this year with the help and encouragement I received here.
Thank you for the info! If we have "global selling" turned on for North America, and have sales in Canada, does that report of the total income, expenses from the reports repository include Canadian income and costs too?
Does anyone know the amount that Amazon reports to the IRS on sellers who do not receive a 1099? because they didn't meet the requirements? ANY HELP so greatly appreciated. Im not sure what to put , total sales combined or just the amount they sent me. Im using Turbo Tax and they just assume everyone gets one and thats not true. Getting an accountant next year for sure!
Super helpful, thank you! I’ve always done my own taxes and maybe I will also try to do them myself this year with the help and encouragement I received here.
You're welcome!! I am sure you will be able to do them :) Its not all that difficult when you're just adding one new businesses.
such good info in here!! thanks for sharing! 🍎
Thank you for the info! If we have "global selling" turned on for North America, and have sales in Canada, does that report of the total income, expenses from the reports repository include Canadian income and costs too?
Ask tax question, what write offs can full time RVer's use besides mileage. Sole proprietor.
Everytime I download my yearling report it come up in an illegible excel spreadsheet instead of what yours looks like on screen. any ideas?
Are you opening it in excel or numbers? Sometimes it downloads as a txt file but if you copy all that into a sheet it will go into lines and columns
Does anyone know the amount that Amazon reports to the IRS on sellers who do not receive a 1099? because they didn't meet the requirements? ANY HELP so greatly appreciated. Im not sure what to put , total sales combined or just the amount they sent me. Im using Turbo Tax and they just assume everyone gets one and thats not true. Getting an accountant next year for sure!
You would use whatever is on your payment reports repository, aka whatever Amazon said you made as income.
@@NikkiKirk Omg! thank you and then just list the sellers fees fbas fees as deductions?
@@mama_Scavenger yes, whatever it has under expenses on that same form are your deductions, plus mileage, home office etc