You'll need to sign in or create an account to connect with an expert.
Yes, you have to report all your income, no matter how little it is.
It is the gross sales price not just the profit but if the sale is covered then you could leave it off ... the IRS may never ask about it. If you qualify you could use one of the IRS FREE FILE options so you don't need to upgrade to the Premier TT version.
https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Falcon5
New Member
Alex012
Level 1
micah7
New Member
ZeZa
Level 2
ZeZa
Level 2