I have sold a lot of stuff online this year around 17 to 18K. Most of the items were out of my home and shop. I have had some of these things for a while and remember about what they cost, but some I don't and I didn't keep the receipts. How can I account for the equity I have in these items? I am afraid it is going to look like I have made all that in profit and be hit with a huge tax bill. Can someone advise me wha to do? The folks that did my taxes for me last year don't seem up on the online selling and weren't much help. Can Turbo Tax help with this kind of stuff? I would rather pay what I owe quarterly and get someone to help me with deductions.
