MarilynG1
Expert Alumni

Deductions & credits

Yes, shipping costs to ship resale items to buyers are a business expenses.  If the item sells for $50, for example, and shipping cost is $5, you would report $55 in revenue (amount paid to you by customer) then report $5 to 'Shipping Costs' on your Schedule C. 

 

Your Ebay/Poshmark fees are also an expense. You can enter them under 'Other Common Business Expenses' as 'Commissions'. 

 

Here's more info on Business Income and Expenses

 

 

 

 

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