I sell on Poshmark,& have profited. They take 20% & pay taxes. Do I file schedule c and se form, or report the net as misc income on 1040? Some say we don't pay any tax.

[patrickmls]

Were the sales made in the same state ? each state's sales tax range from 0.0 and upwards. 

[Irene2805]

You have a business selling items on Poshmark and you need to report the business income and expenses on a Schedule C.  To do this you need to use TurboTax Self-Employed (online) or TurboTax Home & Business (CD/Download).

Poshmark collects the appropriate sales tax for the state of the purchaser.  Please see this link for more info:  https://blog.poshmark.com/2019/08/21/your-guide-to-sales-tax-on-poshmark/

@patrickmls

[TinaSellsSanDiego]

I know this was from 2019 but could you send the new link to IRS page because this one says "Page error not found"

[BillM223]

@TinaSellsSanDiego

Actually, this post could have been much older than 2019 - it's just that all the content from the old platform was migrated to the current platform in May and June of 2019, and all the dates were reset (unfortunately).

The IRS page that Texas Roger refers to is no longer on the IRS website, but perhaps this TurboTax article for eBay sellers will be helpful.