My wife sells graphic designs through Etsy, but not enough that we receive a 1099. For the additional business income amount, do I use amount before or after Etsy fees?
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My wife sells graphic designs through Etsy, but not enough that we receive a 1099. For the additional business income amount, do I use amount before or after Etsy fees?
My wife sells graphic designs through Etsy, but not enough that we receive a 1099. For the additional business income amount, do I use amount before or after Etsy fees?
You will use the income before the fees, and then put the fees as business expenses.
Please read the answer provided by JulieCo below for more information.