- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If you sold personal property for less than you paid for them you will owe no tax on that income. Report the income as other income and then report other income again with an equal but negative amount with the text “personal items sold at a loss”.
September 19, 2023
6:46 PM