AMAZON FBA TAX FILING
Individuals, that initiate new Amazon businesses, at times, say things like: “Am I have to pay income taxes the moment I make any money using Amazon FBA?”
The short and brief answer to this question is YES. You have to report your Amazon sales as income on your taxes, similar to your other income streams. That’s the reason why tax season is not the best time when you have to get everything together for your Amazon FBA business. In case you let it build-up, you’ll just make more work for yourself and perhaps miss things when you do a report.