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Retirement tax questions
Hello and thank you for your reply! So, in this particular case, I sold record albums from my personal collection. Some I've owned for 15+ years, some for much less... Needless to say, I definitely don't know how much I originally paid for them. Further, it would be an incredibly daunting task to list each album I sold over the past year -as there were many.
All of this said, do you have any recommendations for me? Can I just remove my 1099-K form from my filing? I'm in TN which doesn't have an income tax anyway... It's just extremely unrealistic to think that I can itemize all of the small dollar sales that I had over the past year, let alone compute how much gain/loss I incurred from each sale.
Any help you may have would be greatly appreciated. Thank you!