Personal use items are not deductible on taxes. With that in mind if you have "garage style" online sales on PERSONAL items that you have purchased for your personal use, subsequently used and then sold them--that does not have to be reported. So if you have a pair of shoes you bought for $25.00, used them and then subsequently sold them for $5.00 that is NOT INCOME. That is what is called a "LOSS". Keep receipts folks. And document everything you sold and how much you purchased it for. Many many people that sell online do so as a means of getting rid of "stuff" -their own PERSONAL ASSETS they are trying to convert to cash. That in and of itself does not make it HOBBY OR BUSINESS income. Rather its LOSS of income which can't even be reported on taxes as a loss so why should it be reported as income when it isn't?
