How do i provide proof of a sale amount? Should i mail reciept with the product and keep the carbon for my records or keep printouts from ebay??
2007-04-18 18:40:57 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
I print out my orders. The paypal payment sheet.
2007-04-18 18:48:03 · answer #1 · answered by 354gr 6 · 0⤊ 0⤋
The best way to handle this would be to give a print out copy of all receipt of the transactions you have made. That way they have all of it on paper. You should also keep these records for yourself just in case, keeping the originals will save a lot of time later when looking at transactions if you need to. It's best to keep all of these in a file or safe place, you may need them later. Hope that helps, Have a Great Day!
2007-04-18 18:51:56 · answer #2 · answered by ~* Garden Empress*~ 5 · 0⤊ 0⤋
For your buyers who pay through Paypal, you can use that monthly printout. For others, your best bet is probably the eBay printout. Sure is fun keeping up with all that for the IRS, hey?
2007-04-18 19:04:38 · answer #3 · answered by Rod D 2 · 1⤊ 0⤋
Keep good records, but don't send them in with your return. Keep them handy to show to the IRS if you're audited.
2007-04-19 04:21:20 · answer #4 · answered by Judy 7 · 0⤊ 0⤋