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Self employed
I don't have any state tax. (Texas). but ebay does take out taxes from each sale. This tax is not reported in 1099K in box 4. Since it has been taken out, along with ebay fees, where do I report it since it is some sort of business but the 1099K is in personal income section. (even though I did not make much out of it since it is more of a hobby). Box 1 seems like it may be correct, but all the other items such as ebay fees sales tax, refunds, shipping, are all things that need to be taken into account, and reflect on the hobby.
March 12, 2023
7:33 AM