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do you have to file taxes if you sell avon?

2007-03-05 10:22:05 · 9 answers · asked by girl_of_your_dreams_1331 4 in Business & Finance Taxes United States

9 answers

If you have self employment income in excess of $400 you must file. If you have other income and the total income exceeds $8,450 for 2006 (single filer) you must file. Income from selling Avon (or anything else) is fully taxable.

2007-03-05 10:37:08 · answer #1 · answered by Bostonian In MO 7 · 2 0

You would be considered to be running your own business selling Avon. If your income from your business is over $400 for the year, then yes you do have to file a return and pay taxes.

2007-03-05 10:55:03 · answer #2 · answered by Judy 7 · 2 0

There is a minimum amount below which you don't have to file taxes. (That figure varies every year.)

However, regardless of whether you meet that threshold or not, you will probably want to file regardless if you are eligible for tax credits that may result in a refund. (Yes, some people are eligible for refunds, even if they didn't pay any taxes into the system.)

You should try going to the IRS web site and looking at the free efile links. They will help you prepare your taxes for free (if you meet the income guidelines) and even efile for free.

2007-03-05 10:31:24 · answer #3 · answered by ISOintelligentlife 4 · 1 0

It depends on the amount you've earned for the year. It is a job. It is earned income and what about the Form 1099 that you may have gotten. You may find out that although you may have to file a return, you may only be subject to Social Security taxes. It is worth paying a few dollars to have one of the several inexpensive tax services take a look at your income and expenses and advise you accordingly.

2007-03-05 10:27:40 · answer #4 · answered by Notorious 4 · 0 3

Absolutely! Tax filing is required of anyone who earns income.
Depending on how much you earn, what your business expenses are, etc. you may or may not owe any taxes. But the law says you must file.

2007-03-05 10:29:11 · answer #5 · answered by verderf 1 · 1 1

If you are making a profit it is considered income, so yes you would have to file taxes.

2007-03-05 10:25:14 · answer #6 · answered by Mikezoola 2 · 3 0

If you make any money, the government shoves you in the creek once a year with it in your pockets, and all that don't get wet you can keep. ~Will Rogers


When there's a single thief, it's robbery. When there are a thousand thieves, it's taxation. ~Vanya Cohen


Taxation with representation ain't so hot either. ~Gerald Barzan


Taxes, after all, are dues that we pay for the privileges of membership in an organized society. ~Franklin D. Roosevelt


The taxpayer - that's someone who works for the federal government but doesn't have to take the civil service examination. ~Ronald Reagan


America is a land of taxation that was founded to avoid taxation. ~Laurence J. Peter


I'm proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money. ~Arthur Godfrey


The United States has a system of taxation by confession. ~Hugo Black


Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents? ~Peg Bracken


The income tax has made more liars out of the American people than golf has. Even when you make a tax form out on the level, you don't know when it's through if you are a crook or a martyr. ~Will Rogers


Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages. ~H.L. Mencken


The nation should have a tax system that looks like someone designed it on purpose. ~William Simon


We must care for each other more, and tax each other less. ~Bill Archer


The expenses of government, having for their object the interest of all, should be borne by everyone, and the more a man enjoys the advantages of society, the more he ought to hold himself honored in contributing to those expenses. ~Anne Robert Jacques Turgot


Be wary of strong drink. It can make you shoot at tax collectors... and miss. ~Robert Heinlein


The art of taxation consists in so plucking the goose as to get the most feathers with the least hissing. ~Jean Baptist Colbert, attributed


What at first was plunder assumed the softer name of revenue. ~Thomas Paine


Did you ever notice that when you put the words "The" and "IRS" together, it spells "THEIRS?" ~Author Unknown


We have long had death and taxes as the two standards of inevitability. But there are those who believe that death is the preferable of the two. "At least," as one man said, "there's one advantage about death; it doesn't get worse every time Congress meets." ~Erwin N. Griswold


Income tax returns are the most imaginative fiction being written today. ~Herman Wouk


Capital punishment: The income tax. ~Jeff Hayes


If the Lord loveth a cheerful giver, how he must hate the taxpayer! ~John Andrew Holmes


Of course the truth is that the congresspersons are too busy raising campaign money to read the laws they pass. The laws are written by staff tax nerds who can put pretty much any wording they want in there. I bet that if you actually read the entire vastness of the U.S. Tax Code, you'd find at least one sex scene ("'Yes, yes, YES!' moaned Vanessa as Lance, his taut body moist with moisture, again and again depreciated her adjusted gross rate of annualized fiscal debenture"). ~Dave Barry


People who complain about taxes can be divided into two classes: men and women. ~Author Unknown


Taxes: Of life's two certainties, the only one for which you can get an automatic extension. ~Author Unknown


Indoors or out, no one relaxes in March, that month of wind and taxes, the wind will presently disappear, the taxes last us all the year. ~Ogden Nash

2007-03-05 10:30:18 · answer #7 · answered by rocky 2 · 0 4

Yes only if you have sold over the minimum amount that your state requires example some places is 9000.00.

2007-03-05 10:26:16 · answer #8 · answered by PINKY 1 · 0 6

if u don't pay taxes u won't recieve nuttin

2007-03-05 10:25:37 · answer #9 · answered by pierre p 1 · 0 4

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