Get your taxes done using TurboTax

To report the sales you will need to upgrade to the Premier online version.  Or if you buy the Desktop CD/Download program you can buy Basic or Deluxe.  All the desktop programs have the same forms.  You just get more help in the higher versions.

 

You need to report it or the IRS will think it is all gain and won't know your cost and if you have a loss.  And you can deduct a loss from your other income.