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  • Re: I bought 10 boxes of baseball cards for $35 each. The cost basis for each card is $.34 and there are 990 cards total. If I sell 1 card for $350, do I have tax of $0?
DoninGA
Level 15 DoninGA
Level 15
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After you file

Your cost is $350.  Any sales you make that is over $350 is your profit and is taxable.

‎November 4, 2023 10:56 AM
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