Thanks for the clarifications.
It was not a registered business as LLC or Sole Proprietorship. I bought a few items brand new, did not open them, and then decided to resell them with the sale resulting in a profit.
Do I still report the bought and sold price on Schedule C or somewhere else on my return? What if the item was bought in 2020 (not claimed on the tax return for that year) and sold in 2021?
