Deductions & credits

I concur with @jtax (and others) that reporting the gain and then seeking professional guidance is the best course of action in this matter.

 

I wanted to point out (as have others) that @jcaceres77 should be meticulous when calculating the basis and also the amount realized (i.e., gross selling price less selling expenses), in an attempt to minimize any gain (to the fullest possible extent).

 

Further, it should be noted that @jcaceres77, due to a holding period of a year or less, will not get the benefit of the long-term capital gains tax rate; any gain will be taxed at @jcaceres77's ordinary income tax rate.