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1099-K for sales of inherited items - where is the amount included in the return?
We sold several items on eBay that we inherited within 6 months of my relative’s date of death, resulting in $7K in gross sales reported on a 1099-K. We input the information as “personal item sales” and that “all items were sold at a loss”. Where is the $7K reflected in the final return? I don’t see an additional schedule displaying the $7K; shouldn’t the amount be reflected somewhere even if we aren’t required to pay taxes on it?
February 25, 2025
2:10 PM