Thank you very much for the fast response! I still have some questions, could you please clarify this for me?
1) I clicked on the last option "Miscellaneous Income" and besides the "Other reportable income" and found another option in the list - "Hobby income and expenses". If I sold some items from my collection on eBay and I didn't make a profit, can I report it as a hobby income and expenses? What is the difference between "Hobby income and expenses" and "Other reportable income" in my case?
2) You advised me to enter an adjustment to reflect the cost of these items as an offsetting, negative amount. If I purchased an item for $500 and then sold it for $400, what negative amount should I enter - $500 or $400? Can I enter the original amount I spent?
