Sell on Etsy — keep your books and your retirement on track.
Etsy sellers are self-employed small businesses. Gigaverse helps you track cost of goods, supplies, and fees, handle quarterly taxes, and auto-save for retirement.
Connects with the platforms you already use
Cost of goods & supplies
Materials, packaging, Etsy fees, and shipping are deductible business costs; inventory is accounted for as cost of goods sold. Gigaverse categorizes expenses so your profit — and your tax — is accurate. Treatment depends on your situation.
Home office & equipment
A dedicated workspace, a portion of utilities and internet, and tools/equipment can be deductible on Schedule C. Gigaverse tracks them automatically.
Retirement without an employer
The PRActicle™ is a portable Roth IRA opened through a FINRA/SIPC-member broker-dealer that auto-invests a percentage of every payout. Contributions are post-tax, grow tax-free, and qualified withdrawals are tax-free. It follows you across every platform and client — no employer 401(k) required.
Quarterly taxes, handled
Etsy income has no tax withheld, so you owe estimated taxes quarterly. Gigaverse estimates each payment and reminds you before the deadline.
Etsy Seller questions, answered
What can Etsy sellers deduct?+
Materials and cost of goods sold, packaging, shipping, Etsy and payment-processing fees, a home office, and equipment on Schedule C. Gigaverse categorizes these automatically; your deduction depends on your activity.
Do Etsy sellers owe self-employment tax?+
If selling is a business (not a hobby) and you net $400+, yes — 15.3% on net profit, on top of income tax. Use our self-employment tax calculator to estimate it. This is general information, not advice.
Can Etsy sellers save for retirement?+
Yes — the portable PRActicle™ IRA (via a FINRA/SIPC-member broker-dealer) auto-saves from your payouts. No employer plan needed.
Etsy Seller deep-dive guides
Etsy Seller Taxes
Running an Etsy shop makes you self-employed, reporting revenue and expenses on Schedule C like any small business. Your biggest deductions come from cost of goods sold, materials, platform fees, and your dedicated workspace — not mileage.
Read the guideEtsy Seller Retirement
A successful Etsy shop comes without any of the employer-sponsored retirement benefits salaried workers take for granted. The self-employed accounts available to you are powerful, and the tax savings they generate can rival any deduction your shop produces.
Read the guideGigaverse is built for every kind of independent worker
Free calculators for etsy sellers
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Gigaverse is not a bank. Brokerage services are provided through a FINRA/SIPC-member broker-dealer. Tax outcomes depend on your individual circumstances; Gigaverse does not guarantee any specific savings.