Katie-P
Employee Tax Expert

Get your taxes done using TurboTax

Hi Capitalgains,

Thanks for your question!

No, you cannot claim a loss for the sale of personal property. 

Here is an IRS link that discusses this in more detail: Topic No. 409, Capital Gains and Losses 

Note that you will need to report the sale on your tax return. This TurboTax article discusses this in detail.

I hope this helps. Thanks again!

Katie

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"