Does selling old comic books to a third party seller considered income?

[null203]

does the money I receive from selling them considered income?

[null203]

If the comics I sold through a third party is income, what line on form 1040 do I write down the amount sold? I do not own a business of any kind. Just wanted to sell some of my comic collection.

[viktoriyab11 · Accepted solution]

Yes, it is income.

Determine whether an activity is a business or a hobby, and report it accordingly.

See this link for more information When the IRS Classifies Your Business as a Hobby

Business or Hobby? Answer Has Implications for Deductions https://www.irs.gov/newsroom/business-or-hobby-answer-has-implications-for-deductions

[null203]

If the comics sold through a third party is considered income, on what line on form 1040 do I write down the amount sold? I do not own a business of any kind. I just wanted to sell some of comics collection, which was a hobby to me.

[viktoriyab11]

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