Bank Statement Converter for Etsy Sellers
Etsy sellers and handmade goods businesses can convert bank account PDF statements to Excel to track Etsy deposit payments, document material and supply costs, shipping expenses, and packaging purchases — all the deductible business expenses for Schedule C self-employed tax filing.
Key Benefits
- Track Etsy payment deposit transactions by week or month
- Document materials, craft supplies, and packaging expense payments
- Record shipping label and postage cost transactions
- Export to Excel for Schedule C or craft business bookkeeping
- Free, no account required, files deleted after conversion
How It Works
- Step 1: Download your bank account PDF from online banking
- Step 2: Upload to Bank Statement Converter
- Step 3: Select Excel or CSV output
- Step 4: Filter for Etsy deposits and categorize materials and shipping costs
Frequently Asked Questions
- Do Etsy sellers need to pay self-employment tax?
- Yes. Etsy income is self-employment income subject to SE tax (15.3%) plus income tax. Bank statements showing Etsy deposit amounts, combined with your Etsy 1099-K, document your gross income for Schedule C.
- What Etsy business expenses can I deduct?
- Deductible Etsy seller expenses include: raw materials and craft supplies, shipping and packaging, Etsy listing and transaction fees (visible on Etsy statements), equipment, home workspace costs, and photography equipment.
Convert a Statement Free