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Get your taxes done using TurboTax
Personal losses are not deductible so any money generated from the sale of personal items is not reportable as income but neither is the cost (shipping, etc.) deductible
You are simply liquidating personal items purchased previously . There is no “business” here
Obtaining a business license doesn’t in any way change what I wrote above
From what you have written, there is nothing to report as income nor anything that you can deduct
You are simply liquidating personal items purchased previously . There is no “business” here
Obtaining a business license doesn’t in any way change what I wrote above
From what you have written, there is nothing to report as income nor anything that you can deduct
May 4, 2019
12:19 AM