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Get your taxes done using TurboTax
I am in the same boat. However some things we sold this year to get by were jewelry and coins purchased nearly 10 years ago and inherited. It's a nightmare. I've tried separating the transactions into household items and gold/coins which apparently are subject to some capital gains nonsense? Anyway, I had to go by what we think we paid for the items since I have no receipts and subtracted the cost sold from the cost paid, zeroing out where there was a loss (killing me.... sold an ipod at a $100 loss but have to claim a $5 gain on an action figure??!!!) and then deducted paypal, ebay and shipping fees. It's tedious but the only paper trail I can create. I still trying to figure out the gold as I sold it as scrap. It's awful. We're finally poor enough to qualify for the EIC and this happens...... but I need that refund money so a definite answer on this mess MA got us all in is appreciated.
‎June 3, 2019
12:15 PM