If I sell my Mom's estate jewelry online, and receive a 1099k from Etsy, is this considered to be self employment?

[DianeW777]

It's important to determine which activity you are engaged in.  You either have a sale of investment or you have income from a business but not both for the sale of the same items.  If you believe you have a business then all of the income from the sales go on Schedule C, self employment.

The tax law would not uphold a capital gain transaction of investment property with expenses on a Schedule C for the same items. You are either conducting self employment or you are selling investment property or possibly a hobby.  It sounds more like you think you are considered self employed.  Just be sure to enter the income on Schedule C and not as investment income.  

[hht]

Thank you so much. Your explanation -  "The tax law would not uphold a capital gain transaction of investment property with expenses on a Schedule C for the same items." makes complete sense. I did not find that explanation elsewhere in the community or at the IRS. I was going in circles because these seem to fit the definition of 'personal items'.  It is my work that is making these items 'profitable', so the self-employment Schedule C route seems the best fit. Thanks again - this is a great help.