I just told my dad about my little shop and he brought up taxes - aaaaughhh I didn’t think about taxes at all! oh my god, more to worry about. I’ve found some tax stuff for selling online so I’m going to read those but ohhh boy am I going to worry about this.
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tvandcomplaints said:
You’ll want to set aside about 20-24% for taxes on anything you sell. Remember that you can claim expenses for your materials, your internet connection, computer, shipping, etc. Start saving receipts/keeping a log!
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trilltrillian said:
If you make under $600, you don’t have to include it on taxes. It’s something like that.
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nervation posted this