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Have eBay Help You with Your Taxes

eBay doesn't just complicate taxes; it also simplifies them

By , About.com Guide

Have eBay Help You with Your Taxes

Get a head start on the inevitable advance of tax time using eBay

Photo: Pic Tac / Dreamstime
You've probably heard that eBay trading can affect U.S. traders' taxes. Frequent eBay shoppers (indeed, frequent mail-order shoppers of any stripe) often find themselves owing the use taxes that many states collect with growing determination, while eBay sellers must often contend with eBay as a source of income on their income tax returns.

eBay isn't just there for creating tax headaches, however-it can also help you to prepare and even to pay your taxes. Here are some of the ways that eBay can help you to survive the burden of "tax time."

  • Extra cash, quickly. If you often end up owing additional amounts once your taxes have been prepared, consider starting to sell on eBay if you don't already do so as a way to quickly come up with your tax payment and avoid costly penalties, fees, and installment programs.

  • Tax return software. Buying tax return software on eBay can be a good way to shave dollars from the price you'd otherwise pay for it or to have access to tax return software your local retailers don't carry.

  • Back years tax return software. If you still need to file for previous years or have to amend an old return, eBay is a great place-in many instances, the only place-to inexpensively buy versions of many tax preparation programs going back years.

  • Tax help and information. If you're struggling with a particular complicated tax situation, additional help might be in order. If this sounds like you, many popular instructional and reference books for the current tax year and for past tax years can be had inexpensively on eBay.

  • Tax preparation. If you'd like help with your taxes but are put off both by the price of local tax preparers in your area and the prospect of doing your taxes using "intelligent" software on a computer, hiring a tax preparer online might be a sensible middle ground, and there are a handful of tax preparers on eBay waiting for your business.

  • Materials for your tax business. If you're a professional tax preparer yourself or are ready to become one, eBay can help you to outfit and market your business, not just with typical things like inexpensive and bulk office supplies, but with useful marketing tools like tax signs and tax reference materials for professionals
The list above shows that while tax time isn't anyone's favorite time of the year, eBay can help to soften the blow-even if you're just looking to protest all that tax you have to pay.

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