I've sold some personally owned physical items for more than I originally bought them for. What details do I need to list/report? (I.E. purchase date, sold date, purchase/sold price, item description, etc?)
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Anyone with an answer?
Yes all those.
be aware of the wash sale rule - if you sold a security at a loss and either 30 days before or 30 days after bought substantially identical security, the loss is disallowed and added to the basis of the security purchase that created the wash sale. US brokers should handle this automatically unless you have multiple accounts or the purchase that created the wash sale was in a tax-deferred account like an IRA.
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