Comments on: Taxes for Amazon Sellers: Everything You Need to Know (But Were Afraid to Ask)

By: Brian Connolly

Brian Connolly — Fri, 29 Apr 2022 19:16:03 +0000

In reply to Yunus Ozcan. Hi Yunus, I suggest speaking to an accountant about this issue.

By: Yunus Ozcan

Yunus Ozcan — Fri, 22 Apr 2022 09:24:23 +0000

Hello,
My Amazon account suspended on August, 2021 and Amazon still holds my funds inside. Amazon sent me 1099k form. So, How can I fill in the tax return? I do not want to show a money that is not deposited in my bank account as income. I am confused. Can you help me pls,? Thank you so much.

By: Brian Connolly

Brian Connolly — Tue, 15 Mar 2022 16:39:08 +0000

In reply to Melanie. Hi Melanie, I suggest contacting an accountant with any tax-related questions if you are outside the US.

By: Melanie

Melanie — Wed, 23 Feb 2022 18:56:40 +0000

would the same apply to sellers outside of the US selling is the US marketplace?

By: Brian Connolly

Brian Connolly — Tue, 05 Oct 2021 19:31:15 +0000

In reply to NAPAPORN SJOSTRAND. Hello, I suggest you speak to an accountant with any tax questions.

By: NAPAPORN SJOSTRAND

NAPAPORN SJOSTRAND — Fri, 01 Oct 2021 01:38:02 +0000

I have been selling on amazon fba for three month July-Sep. Now my gross sales only $1042. I have LLC for ungated products. Which is the better way to correct the tax for my small business? Thanks you so much. Also, as I don’t have any employees do I have to renew my business license?

By: Brian Connolly

Brian Connolly — Tue, 09 Mar 2021 15:35:36 +0000

In reply to Tom. Hi Tom, In seller central, go to Reports > Payments. In there, you can download a disbursement report which is what Amazon paid out to you.

By: Tom

Tom — Sun, 07 Feb 2021 19:10:00 +0000

Hello,

I am an Amazon FBA seller, and 2020 was my first year selling. My profits (Amazon payments), and even gross sales were way below $20,000, so I did not receive a 1099 form. I have no clue which specific number to report to the IRS regarding my net revenue (Amazon payouts), or even where to find that. Could you point me in the right direction?

Thanks!
-Tom

By: Personal Tax Accountant Auckland

Personal Tax Accountant Auckland — Tue, 13 Oct 2020 10:36:20 +0000

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By: Bookkeeping Mangawhai

Bookkeeping Mangawhai — Sat, 26 Sep 2020 07:00:54 +0000

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