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Get your taxes done using TurboTax
If you are selling items that are considered collectibles then you would report the sale as investments and follow the steps by @DawnC
Collectibles are considered alternative investments by the IRS and include things like art, stamps & coins, cards & comics, rare items, antiques, Etc.
If the items are not collectibles, just stuff selling for less than you brought it for, then you would use the steps provided by @LeonardS.
How you report the sales is dependent on the type of items sold.
@ncage
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‎April 4, 2022
6:54 AM