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Form 1099-K
Years ago I purchased my father a mobility scooter. He passed away recently, and still had the scooter, so I listed it for sale on eBay. They are telling me I will get a 1099-K, since the scooter was sold for $2000. I paid taxes on the money I used to buy the scooter, as it was earned through work. Now, selling it, I'm being taxed again. Not a big deal or a lot of money, as I have a huge write off this year coming up, but I am not sure if I understand why I would be double taxed or how to put this off to the side. It doesn't seem right. Comments?
‎July 19, 2022
2:21 PM