manetteska

At the bottom of the inside front cover. If it's second, it says second. If it's third, it says third. If it's first, it doesn't say anything.

I’d hope the guy who had a couple-few chats with the IRS gets it.

Wrong. No red herring here.

Sorry, I meant I'm aching to watch the show so bad. I'm so anti-Amazon, I won't pay for it. This has SUPER challenged it. Patrick Ahhh, now I understand. Yeah, that statement could be read a couple ways and I wasn't sure. I very much like INVINCIBLE; I watch it as soon as I can Friday mornings. It's more "must watch" for me than Falcon + Winter Soldier. On Rogen himself, and all of his projects (not just comics), I enjoy most of it. It's unfortunate PREACHER wasn't great, but it happened; it won't stop me from watching other series/films that look interesting just b/c he is attached.

As @fastballspecial said, unless you are doing it wrong, at the simplest level, you are making money/profit selling comics. Those comics from a collection you sold for $0.10 may be a loss, but the rest you sold for a profit make up for that loss and then some. Once you have your "profit" (which I'll dumb down to Sold Price - Purchase Price), it's all about the deductions. Depending on the state, filings, etc. this can be a myriad of things and can include (but also may not include): comic boxes, bags and boards, shipping supplies, convention admission, food at the convention, and on and on. On top of that, you have the human factor. Person A can take a "profit" of $1000 and deduct that into $500 profit. Person B can take a "profit" of $1000 and deduct that into $5 profit. For some, this is due to smart accounting and tracking of expenses; for others, this is less of that and more of not owing.

I wish I could watch Invincible. So bad. Sounds like people are liking it so far. Patrick Interesting. I have not read the comic but I really enjoy the show so far. And that seems to be the consensus. You have issues with it?

Rogen is also an Exec Producer on INVINCIBLE.

1 per customer !!!!!!!1111

@manetteska From a recent road trip. I believe the Earp at top right (with cast signatures) sold recently for $500+.

Is the 185 a variant?

Yes. That’s why I’m leaning more towards B and C from my options above (for first-timers).

So storage fees? Insurance? All deductible? I am scheduling a follow-up call to go over this in more depth. Either I’m doing this wrong, other folks are fudging some numbers, or everyone is in for a rude awakening.

Update: Ouch. Per the first pass by the tax preparer, and using the 1099, from the GROSS amount sent out by eBay/PayPal I am only allowed to deduct the cost of the SOLD items (as well as fees/taxes). It doesn't matter if that money was then used to buy more comics/inventory (essentially getting back to $0 net). Not a good day.

Thank you for being on the frontline.

I guess you just read right over this part: " eBay didn't have to do ANYTHING." Could have just slapped it right on top, but didn't. No, I saw that part. I guess my definition of the "high road" is not a half measure.

I stated above what they could have done to avoid these conversations (or others you are saying are happening elsewhere) and it's pretty simple: exclude Sales Tax from eBay's specific fees. The highlighted portion, I believe, shows why you and I don't agree on this or any eBay shenanigans. I don't think they ever take the high road, they take the more money road -- as do most/all companies.

I guess it depends on the "old" way (before the 0.5% discount) if those fees broke out Item cost vs Tax and applied different rates. Anyway, I spent way too much time on this. In conclusion ( ) I understand why eBay charges the processing fee (~3%) on the Sales Tax as it's pretty much standard. What I don't understand is why additional fees are being applied on top of the 3%. It appears eBay somewhat feels the same way -- by reducing FVF by 0.5% to offset -- while a much simpler method would be to exclude them entirely. However, that was not done, and I'm pretty sure we all know the reason why.

Final value fees We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. This fee is calculated as a percentage of the total amount of the sale, plus $0.30 per order. The total amount of the sale includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees.

Per the eBay link you posted earlier, the fees for a non-store are 12.35% for collectibles (they have sports cards as the heading). And in the paragraph above that, it seems like that percent does include the sales tax. So you cannot “take out” the 2.9% processing bc it’s all together now. Meaning, it’s all at 12.35. Not 2.9 of tax and item and 9.45 just item.

I did some math of my own using the above calculation and Fee %'s of 12.85 (original) and 12.35 (new). So, if the above is incorrect, let me know, and I can adjust. Per the above, the "break even" Sales Tax % to make Old Fees = New Fees is actually around 4.25%, and not 5%. So any sales Tax over 4.25%, the seller is giving more money in Fees to eBay than prior. Also, based on an earlier suggestion, there is a non-trivial difference in fees based on the sold item's price. A $100 item with 6% sales Tax will be $13.09 in Fees (versus $12.85 originally); a difference of $0.24 in ebay's pocket. A $1000 item with 6% sales Tax will be $130.91 in Fees (versus $128.50 originally); a difference of $2.41 in ebay's pocket.

Can someone confirm a couple things? 1. eBay originally charged X% fees against the Price of the item. The new rule is X-0.5% fees against the Price + Sales Tax of the item. 2. what was the original X% in point 1?

OK; I'll bite. Show me how a sale of a $5 item and a $5000 item to a state with 6% sales tax is equivalent when it comes to Fees paid by the seller. Everything may have "washed out" for you (allegedly), but it will not always be the case. Also, let's just say you are right (not on this topic, but some other one in the future); is it so hard to explain rather than degrade everyone?

One-size sample??? Three months, $40,000 in sales, no negative impact. You're not getting it, but no surprise. Most don't. It's just a math thing. And for the fees going up, well, that's a given. Yes, a one-size sample (you), based on where you live, where your buyers live, price of items sold, etc. All of these variables will not be the same for everyone; actually, not the same for anyone, except you. That's also a math thing.

And there is no way eBay is being "nice" by reducing the FVF by 0.5% (which has already been increased anyway). If they really want to be nice, or play fair, just ignore the Sales Tax altogether. Why come up with some bizarre roundabout? (hint: it's to make money for them, not you)

That's an awesome one-size sample test you did. As you have done in the past, that is a really great example FOR YOU. Not for everyone. There really isn't a lack of understanding when fees are being taken out of money I never -- in any scenario -- receive.