Hi all,
I was wondering if I can deduct all the fees that were charged to me from Ebay, Amazon, Paypal, Stubhub in the past year. I'm not a huge volume seller (not over $20k or whatever the limit is per Ebay at that point).
If it's possible to deduct, where and how exactly is this done? I've read Schedule C is the place to do it. I'm using TaxAct and noticed I have to add a business entity in order to file a Schedule C though.
Anyone know more about this?