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All reasonable offers welcome.
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rdomal
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6 Comments
ragusa1
Sorry i was late, with the navy bllue shoes - if you would like them still for the same price you offered!
lisarcruz
@mitchell3686 hi! if you are going to use your poshmark transactions as self employment business, the best thing to do is to have a solid record of all the receipts and journal of all your activities. From your daily activities using cellphone data to post and share, using your computer and printer to print shipping label, supplies for packing the item and the receipts to show the fair market value of your items for sale.
lisarcruz
@mitchell3686 You can also claim portion of electricity and internet used for all your poshmark transactions. You may either get business loss for high income wages or other income which which help lower your tax liability because of the business loss. If you need income to meet the income requirements to get earn income credit then you need to have a positive income from poshmark and the self employment tax will be taken away from the EIC refund and also the ssa and Medicare contributions.
mitchell3686
@lisarcruz Wow! Thank you so much! You are very knowledgeable.
lisarcruz
@mitchell3686 you can post a commentl if you have tax inquiries, my specialty is self employed and itemized deductions for individual tax filing. I am not an expert for corporation or small corporation or partnership. It's tax season now so I will apologize now if sometimes it takes a day or two for my response. Have a great day.
mitchell3686
@lisarcruz Thank you so much. 💐
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