MinhT1
Employee Tax Expert

Get your taxes done using TurboTax

The items you resell are considered personal items and I guess that in the great majority of cases (if not all cases), the items are sold for less than what you paid for them. In this case, you have a loss on personal items. This loss is not deductible and you do not have to report it.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post