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Get your taxes done using TurboTax
@stevendingle54 wrote:
Please provide a reference to your position on this...I would like to be corrected.
Publication 525. Capital gains from sale of personal property. Page 35, example 39,
https://www.irs.gov/pub/irs-pdf/p525.pdf
You can't deduct expenses (shipping, advertising, etc.) but basis is not an expense.
‎January 6, 2022
6:11 PM