HBTax: Reseller Inventory Tracker
Log every purchase and sale — item, cost, platform, fees, profit. Copy as CSV for Google Sheets or your CPA. Tax season in 30 minutes, not 7 hours.
Where this fits
This tool lives inside Going 1099 + Seller OS and is most useful for freelancers and sellers.
HBTax Inventory Tracker — Built because Hayden spent 7 hours on his eBay taxes. Track what you bought and sold. Export to CSV. Tax season in 30 minutes, not 7 hours.
Total Profit
$212
from 3 sold items
Total Revenue
$312
$31 in platform fees
Avg Profit Margin
67.2%
of sale price (sold items)
Unsold Inventory
$12
1 item not yet sold
Total Invested
$81
Return on Investment
261.8%
Avg Days to Sell
20d
Paste CSV into Google Sheets · 4 items
Why this tracker matters at tax time
Your 1099-K shows gross sales — not taxable profit. The IRS expects you to subtract your cost of goods (COGS) from gross sales to arrive at taxable income. This tracker generates the per-item COGS records you need. Export to CSV → import to your tax spreadsheet → deduct the total. Under IRC §1221, the purchase cost of inventory is your basis. Under IRC §162, ordinary reselling expenses are fully deductible.
You might also need