Q&A | Corporation Resgistration for eBay Drop Shipping, Taxes and 1099 from Paypal
577 views · Published 14 August 2017 · 4:44 · Indexed 26 October 2026
Channel: Marc Augustine · 2017 · Film & Animation
EMail: Hi Marc, I just completed the free 1 hr video training, and have a few questions: -Should I register my drop shipping business with the state and federal as a sole proprietorship, or another type of entity? -Do ebay or paypal provide a 1099 form at the end of the year for filing taxes? -What are some other bookkeeping information I should keep for record from my drop shipping business for filing taxes? -Can I use my drop shipping business to write off business expenses from my taxes? -Should I use a paypal personal account or business account with ebay? -Should I create an account with all my suppliers in addition to ebay for purchasing orders? Thanks, Travis Johnson -------------------------------------------------------------------------------- Get Shopispy: https://www.youtube.com/watch?v=FxYIOR8wocE&t=3s FREE Mastermind Group: https://www.facebook.com/groups/246426799128043 Join the DsGenie Team: http://www.dsgenie.co FREE Video Training: http://dsgenie.co/free-training/ Check Us on Facebook: https://www.facebook.com/Drop-Ship-Genie-388563704653508/ Please Subscribe ti teh channel and leave a comment below!
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