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<p>[QUOTE=&quot;Packrat, post: 3045094, member: 71780&quot;]I am guessing many, if not most,&nbsp; individuals selling on ebay are not reporting their sales for income tax purposes. Most of my sales come through local antique males and I have filed taxes on those sales since 1975. Audited 3 times but they never got any money. There is a paper trail when you sell online or through a store. Odds of being audited are low but records are a must if it happens. I was always told overstating deductions is a misdemeanor; underestimating income is a felony. Don&#039;t know if that is true or not, but I have never seen the inside of a jail or prison I wanted to be in.[/QUOTE]</p><p><br /></p>

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