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Jan 23, 2015 · Here's the key to remember if you ever think you might earn a consistent living on ebay: - If you sell a $2000 watch, you owe eBay $200 and PayPal $58 - CONUS insured shipping will run you at least $30. - You need to make a profit - You will have a 20% return rate (which doubles your shipping price)
May 9, 2022 · lehippi said: I haven’t had any issues with eBay sending the funds to the bank account. In my opinion eBay has gotten better if you’re a US based seller and if you’re selling watches above $2k, as the fees match Chrono24 fees (6.5%) I don’t know about that. The watch under a $1000 comes with 15% selling fee.
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How the authentication facility ships and packs. The authentication team receives the watch and any collateral materials, including but not limited to box and papers, and confirms that the item is consistent with the listing title, description, and images. The authentication team performs a multi-point physical authentication inspection.
Mar 14, 2024 · By Ana Bentes. March 14, 2024. Do you need to report eBay sales on taxes? If you sell on eBay as a hobby or business, you need to report that income on Form 1040 when you file taxes. If you earned over $20,000 and had more than 200 transactions in 2023, those sales will be reported by eBay to you and to the IRS on Form 1099-K.
Jan 14, 2023 · Fees for watches, parts and accessories. So if you sell a watch for $1,500 (including shipping and the sales tax paid by the buyer), you pay 15% on the first $1,000 ($150) + 6.5% on the remaining $500 ($32.50) + $.30 for a total of $182.80.
Apr 17, 2021 · April 17, 2021 Ina Steiner. 90. If you sell watches on eBay, you’ll pay higher fees beginning in May. The fee hike on sales of watches at any price is to pay for eBay’s marketing of high-priced, luxury watches. Consider it a “luxe tax” for all watch sellers. To give a taste of what’s changing:
Mar 1, 2024 · January 15, 2024. Reviewed by. a tax professional. The online marketplace is rife with opportunity. But selling on eBay can also get hectic — especially when tax time rolls around.
