Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
eBay and Taxes. Where to Begin?
>
Reply to Thread
Message:
<p>[QUOTE="s1lverbird59, post: 1606441, member: 42191"]If I go to a Flea Market and set up between a few shows that I do..I provide a receipt if it is just a penny purchased..Try to put persons name on it..But most of the time the response is I don't need a receipt..So Just put cash sale down for purchase..But I keep a inventory of all coins and purchase cost..Keep all expense cost gas to get there and home cost of table Everything..If you just keep in your personal collection and don't sale you just show receipt for purchase and hang onto it..They can't tax you on what you don't sale and make a profit..Don't know about your state but most you don't pay personal properity taxes on coins..Now some states charge sales tax on coin purchases a lot of them don't you just need to know what your state requirements are Here as in Fla, Tn. and some others you have to have sales tax number business lic just to set up for a two day flea market Tn. is so much a day for lic and sales tax number and you pay the piper....LJ[/QUOTE]</p><p><br /></p>
[QUOTE="s1lverbird59, post: 1606441, member: 42191"]If I go to a Flea Market and set up between a few shows that I do..I provide a receipt if it is just a penny purchased..Try to put persons name on it..But most of the time the response is I don't need a receipt..So Just put cash sale down for purchase..But I keep a inventory of all coins and purchase cost..Keep all expense cost gas to get there and home cost of table Everything..If you just keep in your personal collection and don't sale you just show receipt for purchase and hang onto it..They can't tax you on what you don't sale and make a profit..Don't know about your state but most you don't pay personal properity taxes on coins..Now some states charge sales tax on coin purchases a lot of them don't you just need to know what your state requirements are Here as in Fla, Tn. and some others you have to have sales tax number business lic just to set up for a two day flea market Tn. is so much a day for lic and sales tax number and you pay the piper....LJ[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
eBay and Taxes. Where to Begin?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...