TaxSimba — Etsy Seller Tax Returns: Why Your Bank Payout Is Not the Whole Record
Preparation worksheet

Optional offline planning aid, not a tax return or filing confirmation.
Keep completed notes securely; never include passwords or one-time codes.

WORK THROUGH THIS EXAMPLE
An Etsy report includes sales not yet paid out because money is held in reserve. Keep the report, fees, refunds and later release visible. Tell the accountant the accounting method before treating the bank deposit as the sales total.

DECISION TO RESOLVE
Which difference is a timing item, a fee, a refund or missing income?

YOUR POSITION
Relevant year and source: ____________________
Evidence supporting your answer: ____________________
Missing item and who will obtain it: ____________________
Deadline or next review date: ____________________

1. Download detailed sales and adjustment reports.
Notes: ______________________________

2. Reconcile opening balance, activity, payouts and closing balance.
Notes: ______________________________

3. Keep fee and refund evidence.
Notes: ______________________________

4. Gather materials, postage and equipment records.
Notes: ______________________________

5. List other selling platforms and cash sales.
Notes: ______________________________

Actions agreed and responsible person:
____________________________________

Guide: https://taxsimba.co.uk/blogs/etsy-seller-tax-return
Check the current guide and official sources before relying on a deadline or process.