749072
My eBay and website both use PayPal as the payment processer. Do I add up all the payments from PayPal for website and do I add up the payments from eBay or PayPal for eBay? Or would I be fine just adding up the deposits in bank for total. Also do I include eBay/PayPal fees for the total?
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If those places report the Gross income then you must also report the gross income from your records. Then you will deduct the transaction fees as an expense.
If they only report the net after their fees then you will only report the total income net of fees.
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