Taxes

Sales Tax & Tax Responsibility Policy

Sales Tax Collection

The store collects sales tax on behalf of the seller at the time of purchase. All applicable sales taxes are reported and paid directly to the state by the store.

Because the store collects and remits sales tax, sellers do not receive any portion of the sales tax from the sale of their items. Sales tax is not considered seller income.

Seller Income & Record Keeping

Sellers are responsible for keeping accurate records of their income for end-of-year and income tax filing purposes. The store does not issue tax documents (such as 1099s) or provide end-of-year tax summaries.

Sellers may use the following to maintain their own records:

• Sales history available in their seller account

• The ability to export sales reports for printing or personal record keeping

• Payout checks received, which reflect the seller’s income after commission and taxes

These records represent the seller’s earnings from item sales and may be helpful when filing taxes.

Seller Tax Responsibility

Sellers are solely responsible for:

• Filing their own income taxes

• Reporting income earned through item sales

• Determining any deductions, credits, or tax obligations

The store is not a tax professional and cannot provide advice, guidance, or recommendations on how sellers should file their taxes.

Stolen or Missing Items

In the event of stolen or missing items, sellers may be able to claim losses on their end-of-year taxes. However, eligibility and requirements vary, and sellers must consult with a qualified tax professional to determine what applies to their situation. The store cannot advise on tax treatment for stolen items.