To register or not to register?

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  • Spartanic
    Junior Member
    • May 2008
    • 1

    #1

    To register or not to register?

    Currently I have a 2nd income that I generate from my eBay auctions on a monthly basis. Would I need to register as a business with the state and IRS in order to file taxes or could I just report this on my annual individual tax return? I don't really see my eBay thing as a business rather its just another source of income.
  • myerstaxes
    Senior Member
    • May 2006
    • 123

    #2
    You Need

    To sit down with a tax professional, who is capable of providing you with expert tax advice and assistant...
    By the way...Ever heard of IRC section 61??

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