How should I file taxes if I ship American products overseas? 2 Answers as of June 17, 2011
Is it legal to buy goods and computer parts (American made) from ebay and Amazon the ship it to overseas? my friend has a store he will give me a commission from each shipment that I send him, I want to be legal that's why I’m asking and I want the IRS to know so I can file what I made end of the year. Again, my question is: is it legal to buy from USA online and ship it to overseas? Thank you very much.
David Hoines Law
| David Hoines
yes, it is legal. See a CPA about reporting sales tax and income tax.
Answer Applies to: Florida
Meyer & Yee, LLP
| Kent W. Meyer
As long as the sale doesn't violate our export laws you should be fine. Generally, even if you did violate a law as long as you accurately report your income and expenses the IRS will not care.
Answer Applies to: California
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