- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If you intended to make a profit, you should report the sales as self-employment income. You can then deduct the cost of the items from the sales proceeds as well as any other costs of running the business that were ordinary and necessary.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 4, 2025
11:46 AM