I am very hesitant to file this as Schedule C, as I did not do this for profit, and I am not a business.
Do you happen to know if I can deduct my expenses (I.e cost of original purchase) under “other” income items, under “hobby”? Or is this subject to the 2% AGI limit? I am not looking to get any tax refund on this, simply looking to NOT pay any taxes on something I made no profit on.
Thanks!
