KrisD15
Expert Alumni

Get your taxes done using TurboTax

If you entered the sales as "sales of personal items", the loss will be disregarded. 

Only a gain on personal items are reported. 

 

The gain will be on your Schedule D and flow to your 1040 line 7 as Capital Gains.

 

Did you report the sales in the investment section after you entered Form 1099-K? 

 

 

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