It depends. The question here asks if you intended to make money in this transaction. If you say yes, then you will be expected to pay Self-employment tax as well as income tax. Since this isn't a business, you would say no, Then it will be taxed as miscellaneous income rather than self-employment income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
