I live in mass and sold 19k on eBay not as a business. Some stuff was never used and some of it was used, do I have to report it as income? Why?

[bostonjenny1]

Some of the items were new and some were sold used, and for less than what we paid originally.

[JohnW15 · Accepted solution]

When you sell personal property items from for less than their original cost, you don't need to report income on your tax return, even if you've received a Form 1099-K from Ebay.

If you sold them for more than their original cost, you'll need to report the capital gain.

[bostonjenny1]

So would I report the gain minus deductions such as fees and shipping? Do I also deduct the items that were not sold for more than what I paid?

[JohnW15]

Hi, Jenny.  Yes... if you sold an item for $15 that cost you $10, and shipping was $3, you'd report $2 of income -- $15 minus ($10 + $3).  You wouldn't need to report items that sold for less than what you paid.