What if I sold items on eBay at a loss but I don't have the original receipts showing when I bought them or how much I originally paid. Can I still claim a loss on my taxes?
Under IRS regulations regarding "Burden of Proof"
" You must be able to prove (substantiate) certain elements of expenses to deduct them. Generally, taxpayers meet their burden of proof by having the information and receipts (where needed) for the expenses."
**Mark the post that answers your question by clicking on "Mark as Best Answer"