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Old 03-17-2011, 07:31 PM
  #35  
jaciqltznok
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Join Date: Dec 2009
Location: Enid, OK
Posts: 8,273
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If you represent yourself as a business, IS: business cards, bank accounts, etc, then you will need a tax ID and will have to file taxes as biz!

If you make more than $600 a year selling items, be they yard sale, online, craft shows etc, you are to claim it as income!

Under the NEW tax laws small/home based businesses are no longer allowed to claim utilities, mortgages/rent, phone, insurances, etc, etc....there are NO deductions for small home bases businesses any more!

Hence the reason I am closing my ebay store after 9 years!
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