Question for all COMC Sellers

paparoke · 04-01-2026, 09:26 AM

I'm one of those sellers that files a schedule C every year to properly pay for my taxes. 98% of my transactions are done on Ebay and I have no problem tracking my revenue, COGS, and profits.

I recently started selling a little on COMC and had questions on how you track your income there. I don't see a simple report that tracks the amount of income that you are getting from COMC.

I started tracking my own revenue, COGS, and profits manually on a spreadsheet, so I can report that income later. My question is, does COMC even track this to generate a 1099 for you? Or do they just track income from money you actually withdraw from the site? I guess I'm just wondering if I'm just spinning my wheels assuming that I have to track this, when income might only be realized when I make a withdrawal from my account. Hope this makes sense lol.

04-01-2026, 09:26 AM	#1
paparoke Member Join Date: May 2010 Location: Nevada Posts: 4,438 papasharoke	Question for all COMC Sellers I'm one of those sellers that files a schedule C every year to properly pay for my taxes. 98% of my transactions are done on Ebay and I have no problem tracking my revenue, COGS, and profits. I recently started selling a little on COMC and had questions on how you track your income there. I don't see a simple report that tracks the amount of income that you are getting from COMC. I started tracking my own revenue, COGS, and profits manually on a spreadsheet, so I can report that income later. My question is, does COMC even track this to generate a 1099 for you? Or do they just track income from money you actually withdraw from the site? I guess I'm just wondering if I'm just spinning my wheels assuming that I have to track this, when income might only be realized when I make a withdrawal from my account. Hope this makes sense lol.