Tax documents for Amazon sellers
Online sellers need records that tie together sales, fees, inventory and shipping. These documents help your preparer or bookkeeper reconcile the numbers on your Amazon reports to your bank account.
Income documents
- 1099-K from Amazon, where issued
- Monthly and annual summary and transaction reports from Seller Central
- Bank deposit records from the marketplace
- Sales through other channels (your own site, other marketplaces)
Expenses and receipts
- Supplier and manufacturer invoices for inventory
- Amazon referral, FBA fulfillment and storage fees
- Shipping and freight costs, including to Amazon warehouses
- Advertising spend on Amazon and other platforms
- Software and research tools
- Packaging, labels and prep services
Other records to gather
- Year-end inventory count and its cost
- Returns and refunds report
- Sales tax collected and remitted records, where applicable
- Business bank and credit card statements
Common mistakes to avoid
- Treating the Amazon payout as revenue and ignoring fees already deducted
- No year-end inventory count, which affects cost of goods sold
- Missing supplier invoices for imported goods
- Not reconciling the 1099-K total to gross sales
Frequently asked questions
Why doesn't my 1099-K match my profit?
The form shows gross payments, before fees, refunds and the cost of goods. Your preparer uses your reports and invoices to get from gross payments to taxable profit.
Do I need an inventory count?
If you sell physical products, yes. A year-end count with costs supports the cost of goods sold.
Related checklists
This is a general checklist to help you gather paperwork, not tax or legal advice. Rules and thresholds change and depend on your situation, so confirm details with a qualified preparer or the IRS.