Thank you for your response.
The total of my 1099 K's from paypal and ebay is $4974.66.
If I am understanding you correctly, I do not have to claim this amount as income if I can show that I sold the item for less than what I paid?
What if I sold something for $38.00 and paid $25.00? Do I report the difference in what I actually did make?
Thank you so much,
Stacy
