Setting Up Taxes On Etsy | How To File Taxes On Etsy | Nancy Badillo

Setting Up Taxes On Etsy | How To File Taxes On Etsy | Nancy Badillo



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Is Etsy a Hobby or Business for you? In this video, I talk about a topic that many Etsy Sellers are scared of Taxes. I always get asked do I need to pay taxes if I only have a handful of sales. ⇣ Open for LINKS! ⇣
IRS Questionnaire:

Taxes: (A must for all businesses) Sign up for Quickbooks Self Employee, use this link: to receive 50% off for 6 months.

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★ Resources ★

▸ Join Etsy Sellers Support FB Group:
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▸Resources for Etsy Sellers:
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▸ Taxes: (A must for all businesses) Sign up for Quickbooks Self Employee, use this link: to receive 50% off for 6 months. 
▸ Canva Social Media Templates:
▸ Landing Page Templates:
▸Opt-in Templates Bundle:
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▸Get a beautiful website theme:
▸ Fiverr: (You can find graphic designers to make a Etsy banner for you)  
▸ Etsy Rank: (FREE tool to find keywords and much more!) 
▸ Creative Market: (Great place to find mock-up, graphic designs, and much more!) 
▸ Styled Stock Photo: (Beautiful styled stock images to take your social media account to another level) 

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💕Thank you for watching, commenting, and liking!💕

// DISCLAIMER
▸ This is NOT a sponsored video. 
▸ Some affiliate links are used, which means that I earn a small commission if you click the link and make a purchase.
▸ Open an Etsy Shop today and get your FREE 40 listing here:
▸ NOTE: I only recommend things I currently use and have had MASSIVE success with.

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8 thoughts on “Setting Up Taxes On Etsy | How To File Taxes On Etsy | Nancy Badillo

  1. What is your advice for someone who has $0 dollars
    and has nothing to get started but wants to start
    their own shop on Etsy? I really wanted to start
    selling digital products on Etsy because i heard it's
    a great way to get started and I am a graphic artist
    and I enjoy and love making digital art as well.
    Just this video alone is making me bit worried tho
    because I can't afford a accountant at this time.
    I have only sold things on Mercari and Depop
    but I have made $100 dollars or so. Would something like
    that count as something that can be tax deducted?

  2. Taxes are scary! lol What if someone has been running a hobby, but at some points becomes a business? How do they find the starting point? How does that look to the IRS? I think there might be fears of suddenly being slammed with owing back taxes.

  3. Thank you so much for your advices. In the section named integrations in Etsy shop there are some applications available like: TaxCloud and Wave , are they applicable to be used for reporting taxes?

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