@kinetickutz - alot to unpack here.
1) on the personal items: if you sold them for less than you originally purchased them for, then that is not reportable on your income tax form. If you sold them for more than you orignally purcashed them for that PROFIT needs to be reported.
2) on the items you purcashed (the artwork), and then sold on Ebay, the PROFIT needs to be reported.
if the PROFIT on the items noted above exceeds $400, then you must file a tax return. That PROFIT is subject to a 15.3% self-employment tax (bascially it is Medicare and Social Security tax). If the PROFIT (if 2022) exceeds $12950, there would be "income tax" (which is separate from the self-employment tax)
does that help?
