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You don't show your boat sale as a loss. If you sold the boat for more money than what you paid for the boat, you made money on it. You have a capital gain. A capital gain is taxable.
When you sell a capital asset, the difference between its cost basis and the selling price results in a capital gain or loss.
To enter this income so it does not generate Schedule C Profit or Loss from Business, follow these instructions:
I received a 1099 Misc for the sale of my boat. I sold the boat for less than what I paid so I lost money. How do I show that on my taxes since I received a 1099 misc as other income
Since you received a 1099-Misc, you must report it on your return. However you cannot report a loss on the sale of a personal item. You can however zero the income out since you didn't gain anything.
First, you will enter the income in the "Other Common Income" topic. Answer the questions indicating this was not a job or an effort to earn money.
Next, scroll down to "Less Common Income" and "Start/Revisit" Miscellaneous Income topic and the "Other Reportable Income" topic.
There you will enter "Boat Sale Costs" and enter your purchase price as a "Negative" number only up to the amount on the 1099-Misc.
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