Saturday, September 26, 2009

Must i pay tax if i sell painted clothes on Ebay? What about copyrights if i leave the brands on?

Resolved Question

Must i pay tax if i sell painted clothes on Ebay? What about copyrights if i leave the brands on?

I take bsic items of clothing, like hats and sweaters, paint them up and sell them on ebay. I've done it as a hobby but orders started to increase gradually. I often lean the brand name on the items, like nike or adidas.
At what point do i need to declare my income? And can i get into trouble for altering branded goods?

thanks

Best Answer - Chosen by Asker

eBay plus paypal charges are so high you would not want to pay any extra, You can go around laws by creating second account. with another ebay acount you can still use same paypal account.

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Other Answers (1)

  • As a hobby, the income was reportable on line 21 of the 1040.
    As a business, the income was reportable on schedule C once the income is more than $400.

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