As part of my self-employment as a content creator who makes blog articles/reviews and videos, I purchase products featured on my websites and videos for coverage and then later generally sell them for a small loss (or occasionally a small profit) on eBay. I received a 1099-K from eBay this year for the first time, and I’m not sure how/where to include this in my schedule C. I know how to include the 1099-K in income, but am unsure under what Expenses headings to include the cost of goods sold, selling fees and shipping costs. Does anyone have any advice or guidance upon this? I’m quite sure I should be able to deduct these expenses since they are part of my business, but it’s new to me and I’m worried I will mess it up, as finding the proper areas to deduct these seems very complicated.
