Thanks.Can I still count/deduct the original cost/purchase price of the items sold against any hobby income - provided of course that I have sufficient document...
Is that still true if the items I've sold are just random items from around my house that I want to get rid of and not items I specifically purchased for resale...
This is a great explanation - thanks!When reporting the 1099-K from eBay on Schedule D, what can I report under cost of goods sold (COGS)? Can I include shippin...