Thursday, August 6, 2009

Setting up business/1099's?

I sell for myself on Ebay and also as a Trading Assistant for a local estate company which buys whole households and gives me items to sell for them on Ebay on a regular basis. I'm in the process of registering as a sole proprietorship and setting up as a business. My tax advisor asked me if I get 1099's from the estate guy (I don't) as Paypal will look at my income there as being all mine when I am receiving my commission from his items. Anyone have any advice or experience with this? Thanks! Amy



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