Is eBay inflating income taxes?
Random thought I had today: Is eBay inflating income taxes by adding the customers paid sales tax to your gross sales?
-eBay adds purchase price, shipping, and the customers sales tax together to formulate "final value" for the card to determine what fee they charge.
-eBay adds up the final value of each card you sell to generate your gross sales for the month.
-eBay reports gross sales on your 1099-K sent to you for tax purposes
-I would then pay taxes on that income, which includes other people's paid taxes?
Apologies if this has been discussed previously, but it seems odd to me.
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