My 1099K from etsy includes the shipping customer pays. Can I deduct the costs that I pay etsy for the shipping labels in Other Costs to Prepare for Sales in GOGs?
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My 1099K from etsy includes the shipping customer pays. Can I deduct the costs that I pay etsy for the shipping labels in Other Costs to Prepare for Sales in GOGs?
My 1099K from etsy includes the shipping customer pays. Can I deduct the costs that I pay etsy for the shipping labels in Other Costs to Prepare for Sales in GOGs?
Yes, those costs that you pay would be a business deduction. Postage is generally included as an Office expense or you could include it as a Miscellaneous Expense.