Top 20 Tax Deductions for eBay Sellers

Many eBay sellers ask me, "what expenses can I deduct against my eBay income".

Here are the top 20 tax deductions for eBay sellers:

1. Inventory or product purchased for resale
2. eBay fees
3. PayPal fees
4. Postage and delivery
5. Supplies
6. Bad debts (for those non-paying bidders)
7. Advertising
8. Mileage (trips to the office supply store, post office, etc.)
9. Telephone (cell phone, second line, fax)
10. Bank charges
11. Accounting fees
12. Attorney fees
13. Computer and software
14. Contract labor
15. Furniture
16. Equipment
17. Office supplies
18. Membership fees
19. Continuing education
20. Home office expenses

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