
Anonymous
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When reselling on websites like Poshmark and Mecari, how should I calculate taxes I will owe to the IRS?
I am moving at the end of the year and have found good success on Poshmark and Depop. I've made a little over $600 reselling clothes and accessories I haven't worn in over two years. I plan to put these earnings towards furniture I really need. Since I'm selling at a loss (I didn't keep receipts from all the clothes I've bought years ago), I'm wondering what is a good percentage to keep aside for tax purposes?
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‎October 23, 2022
2:28 PM