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How to Take the Deductions. The IRS allows you to deduct $5,000 in business startup costs and $5,000 in organizational costs, but only if your total startup costs are $50,000 or less.If your startup costs for either area exceed $50,000, the amount of your allowable deduction will be reduced by that dollar amount.ow to Take the Deductions. The IRS allows you to deduct $5,000 in business startup costs and $5,000 in organizational costs, but only if your total startup costs are $50,000 or less.
Start-up expenses: You may be able to deduct up to $5,000 in business start-up fees during the first year after you start an eBay store. Eligible expenses include items like advertising, equipment, business supplies and shipping. For expenses over $5,000, you'll have to depreciate them over a 15-year period.ou may want to consider visiting the IRS website or consulting a qualified tax advisor for more information. Once you determine if your business qualifies, you'll want to begin leveraging the tax breaks. Here are some tax-saving tips you may be eligible to take advantage of when you start an eBay business.