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I just started using Outright and I love it! I paid my Etsy bill with my paypal card and I see that Outright automatically categorizes it as "transfer in" in the income section. What does this mean? Shouldn't this be in the expense category? Let me know...
Started by Contact the Captain on
, 5 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
Glad to hear....
I work at Outright...
I hope, and categorize it as "transfer out", or something more descriptive like "Etsy Statement".
The other (transferring money to pay the bill) is just a transfer of money.
On your taxes.
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My friend and I are looking into opening a store on Etsy, but we're not sure how to begin. We are doing this from our homes and have not had to worry about tax ID and business expenses, etc. Do we have to have a tax ID to set up a store? Could someone...
Started by Contact the Captain on
, 9 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
I'm not sure if we're ready to start dealing with taxes and allread this first, it should....
Otherwise, all money coming in wioll count as income for whomever has the etsy shop and paypal acct a litlte extra money on the side.
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Thinking about starting a Etsy account. Not sure how it all works. Do I have to claim income and do I pay the taxes? Do I have to get licences for business and tax id? Any help would be Great.
Started by Contact the Captain on
, 10 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
Once you set up an Etsy shop, you are generally required to register/collect sales tax from in-state on your income taxes Some locations just require a sales tax id & DBA, others have more requirements won't have to worry....
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Ask your Facebook Friends
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I was wondering if alot of shop owners were doing them themselves or having someone else do them for you.
Also how did you prepare during the year of 2011 for tax time?
tee
Started by Contact the Captain on
, 10 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
I have a ....
I am nervous about doing taxes too.
(Shudder!) I know.
Much easier and WELL worth the money I pay her (which is also doing taxes shouldn't be t bad, once all the forms arrive.
Who's been doing my taxes for years.
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This year my business did quite a bit better, and I'm concerned about tax stuff. Is there a set amount I need to make to have to worry about it? I am SO clueless about the whole topic. I originally started my shop to help cover the gap between paychecks...
Started by Contact the Captain on
, 9 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
I started my Etsy....
I do have a full-time job.
Hopefully he can guide me in the right direction.
I think he still does taxes.
If you received a 1099 from Paypal then you're going to have to file income tax for your etsy then.
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Hello! I've been interested in photography for years. I recently sold my beloved Nikon N60 and plan on getting a new DSLR. I really plan on just doing photography as a hobby and learning as much as I can and experimenting. My question is is there any ...
Started by Jenna2205 on
, 7 posts
by 4 people.
Answer Snippets (Read the full thread at digital-photography-school):
I know I can sell prints on sites like Etsy but do people really sell photos online? Thanks wouldn't mind making money with it....
My question is is there any market to make money from your photos.
As much as I can and experimenting.
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Hi everyone:)
I would like to known how much money I made with all my sales in 2011?
Can we see that on my Etsy Account or Paypal?
Started by Contact the Captain on
, 10 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
It made such a difference! You're welcome, Susana! - it's Celeste : ) Don't forget to figure out out myself was awful and time consuming... .
Go to www.outright.com - You join for free and connect your Etsy on Etsy.
Column shows your revenue.
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Hello :),
I've have just recently become an Etsy seller and I have a few questions. I am a local artist painting acrylic on canvas art and I also want to dabble in making jewery.
1. Do I have to be registered as a small business to sell on etsy and or...
Started by Contact the Captain on
, 8 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
You only, checks....
Etsy does have a system for taxes you can) There are settings on Etsy that will charge the buyer in your State the appropriate sales tax.
taxes, much less have a formal business for tax purposes.
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Hi! I have been wanting to sell my crafts on etsy for a few years, now... I was never really serious about it until now. I am ready to open shop! But... I'm scared about all the tax stuff! I have read the seller handbook about taxes, as well as did some...
Started by Contact the Captain on
, 10 posts
by 1 people.
Answer Snippets (Read the full thread at etsy):
I use Turbo Tax Home & Business all on line and they helpDefinitely open a separate bank account for etsy and attach that to your paypal account so you can transfer your funds there....
That difficult to do taxes on your own business.
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2012 is shaping up to be a great year. just paid off my car. with my tax return and money from contract assignment, i am finally going to be free of all debt. take that bitches. paid off almost 24k in debt in two months. eight years carrying this burden...
Started by SandEagle on
, 25 posts
by 15 people.
Answer Snippets (Read the full thread at anandtech):
With my tax return and money from contract assignment, i am to do their own taxes....
Just paid off my car.
With my tax return and money from contract assignment to be a great year.
Just paid off my car.
Up to be a great year.
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