eBay Taxes Explained for Sellers (Simple Guide for Retirees)

If you sell on eBay and you’re retired (or close to it), tax season can feel confusing and overwhelming. In this video, I explain eBay taxes in simple, plain English, without accounting jargon or scare tactics. We’ll cover the basics retirees need to understand, including the difference between sales and profit, how cost of goods sold (COGS) works, what expenses can reduce taxable profit, and how eBay’s Seller Hub reports already track much of the information an accountant needs. This video is designed for small, steady eBay sellers who want to stay organized and informed — without stress. ⚠️ Important Disclaimer: This video is for general educational purposes only and is not tax or legal advice. Everyone’s situation is different. Always consult a qualified accountant or tax professional regarding your own taxes. #eBayTaxes #eBayForRetirees #SellingOnEbay #RetirementIncome ⚠️ Important Disclaimer: This video is for general educational purposes only and is not tax or legal advice. Everyone’s situation is different. Always consult a qualified accountant or tax professional regarding your own taxes. The 2 journals mentioned in this video: https://amzn.to/4sH9i5M https://amzn.to/457MnGw Membership: https://www.youtube.com/@retiredwithpurpose/membership My Side Hustle Coaching: https://creatorfocused.com/retired-with-purchase-coaching-scheduling/ My email for Brands or Collaborations: info@retiredwithpurpose.net Items I use: Rollo Printer: https://amzn.to/41KPDGl Impulse Sealer: https://amzn.to/3Dn0RHM Paper Tape Dispenser: https://ebay.us/EXk4dj If you like the info videos, please help the channel! Thanks! Disclaimer: Some links are affiliate links which means if you buy something I may make a small commission at no additional cost to you. As an Amazon Associate, I earn from qualifying purchases. Our general Amazon Affiliate link: https://amzn.to/3XoYGLq