POKEMON CARD TAXES! 5 Deductions to SAVE MONEY! (Market Analysis)

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More on Taxes:    • NEW TAX RULES ON POKEMON CARDS?  PREPARE N...  

Tax season is officially here in the United States with some big changes coming for online sellers in 2022. The IRS recently announced new tax reporting guidelines for online platforms such as eBay, PayPal, Amazon, Facebook Marketplace, and more. In 2022, these sites will now be required to file a 1099K for any seller who exceeds $600 in sales. While all sales are supposed to be reported to the IRS (regardless of amount), this new guideline will hit online resellers by surprise, many of whom have previously gone under the radar with this sales revenue.

In this video, we will examine what this means for you as an online seller, and explore 5 tax deductions for online sellers. If you sell Pokemon cards or other items online, I encourage you to plan ahead, keep detailed records of your sales/expenses, and consult with a licensed CPA or tax professional . . . prepare now!

Pokemon Classics

*Disclaimer: I am not a licensed CPA or certified tax expert. The information in this video simply reflects my personal understanding of tax laws for online selling. All tax situations are different and vary by income, location, profession, and filing status. Please consult with a professional and do your own research!

#SmallBusiness #1099K #eBay

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✅CARD PROTECTION (affiliate links)
◾UltraPro Sleeves (Amazon): https://amzn.to/3c81Ux9
◾BCW Toploaders (Amazon): https://amzn.to/3uFoLXm
◾Card Savers (Amazon): https://amzn.to/3nUufd3
◾PSA SLEEVES (Amazon): https://amzn.to/3axyXdO

✅CARD STORAGE (affiliate links)
◾Divided Storage Box (Amazon): https://amzn.to/3P1my0I
◾Monster Storage Box (Amazon): https://amzn.to/3IsdBLr
◾Toploader Storage Box (Amazon): https://amzn.to/3IvUxfg
◾Graded Card Storage Box (Amazon): https://amzn.to/3ItmVyB

✅CARD DISPLAY (affiliate links)
◾Black UltraPro Stands (Amazon): https://amzn.to/3uL1S50
◾Acrylic Easel Stands (Amazon): https://amzn.to/3EIelt4
◾Acrylic Risers (Amazon): https://amzn.to/31SVcWG
◾36 Card Display Case (Amazon): https://amzn.to/3yZVnxz
◾8 Card Display Case (Amazon): https://amzn.to/3asTqAk
◾Acrylic Booster Box Case (Amazon): https://amzn.to/3yYSxZT
◾Acrylic Elite Trainer Case (Amazon): https://amzn.to/3c83hff

✅POKEMON PLUSHIES (affiliate links)
◾Charmander (Amazon): https://amzn.to/3nWUcsu
◾Bulbasaur (Amazon): https://amzn.to/3P6vuBN
◾Squirtle (Amazon): https://amzn.to/3yJKm2m
◾Blastoise (Amazon): https://amzn.to/3APeYSI
◾Snorlax (Amazon): https://amzn.to/3yykMx8
◾Gengar (Amazon): https://amzn.to/3yXZFWg
◾Espeon/Umbreon (Amazon): https://amzn.to/3PlFiYl

✅POKEMON BINDERS(affiliate links)
◾Pikachu Binder (Amazon): https://amzn.to/3IvUQGW
◾PokeBall Binder (Amazon): https://amzn.to/3awS2g3
◾Team Rocket Binder (Amazon): https://amzn.to/3nWIy0I

✅POKEMON PLAYMATS (affiliate links)
◾Charizard Playmat (Amazon): https://amzn.to/3ICzmby
◾Pikachu Playmat (Amazon): https://amzn.to/3IsJa7U
◾Mewtwo Playmat (Amazon): https://amzn.to/3It8VF9
◾Mew Playmat (Amazon): https://amzn.to/3yXMnJq

✅POKEMON CLASSICS (Social Media)
◾YouTube:    / @pokemon_classics  
◾Instagram:   / pokemonclas​.  .
◾eBay Store: https://www.ebay.com/str/pokemonclass... (Affiliate Link)
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.