RobertG
Expert Alumni

Get your taxes done using TurboTax

1. Costs of the sale are part of your basis in the sale, or you can add them as brokerage fees.

2. the 1099-K should match the sale price.

3. You don't need a 1099 to report a sale of something.

4. You can use a schedule C if you are in business to make a profit, if not, you run into the hobby loss rules. (When the IRS Classifies Your Business as a Hobby)

 

It looks like you are reporting the sales correctly.

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