Hello,
I sold some items on Ebay for a total of $20,000, all at a loss. These are personal items and not part of a business. I received a 1099-K from Ebay.
Per Turbotax instructions, I entered the 1099-K and then was instructed to provide more information of the personal items sales under investment income.
Under investment income, do I have to log the sale of every single item or can I use the yearly lump sum $20,000 as listed in the 1099-K under one sale? I ask because the 1099-K also shows individual months and I clearly was selling multiple items.
Thank you.
