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loufurut
Level 3

any tax for garage sale proceeds

Do we need to pay tax, if so, which tax forms to use, on garage sale proceeds?

Garage sale means selling old or unused stuff that I used to own.

1 Reply
DoninGA
Level 15

any tax for garage sale proceeds

Personal items that you own and sell for less than the purchase price of the item are not reported on a federal tax return.

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