About Janis M1

Employee Tax Expert

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CPA EA CGMA

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Re: How to Find Answer To Your Forum Question

Please check the bell icon at the top right corner of the page.

Janis M1

Updated Aug 31, 2022
Re: Effect of cost basis on crypto staking

Please see the Turbotax link for Crypto that references staking and how the earnings are recorded. https://turbotax.intuit.com/tax-tips/investments-and-taxes/...

Janis M1

Updated Aug 31, 2022
Solved Re: Selling used items owned for many years

Hello Ccl, You are on target. This is just a sale like a Garage/Yard Sale. The income received is assumed to be much smaller than the original cost. The items t...

Janis M1

Updated Aug 31, 2022
Solved Re: eBay Yardsale Exceptions

Yes! You will input the whole 1099-K. To reconcile the 1099-K you would make a negative adjustment for the Garage/Yard Sale income. See below: To clarify where ...

Janis M1

1

Updated Aug 31, 2022
Solved Re: eBay Yardsale Exceptions

Hello Whysteriastar, The items that you sell from the garage/yard sale (personal property) and do not intend to make a profit are assumed to be at a loss, so yo...

Janis M1

3

Updated Aug 31, 2022

Activity Feed for Janis M1

Got Cheered for Re: Used items sold on Ebay. ‎August 31, 2022 5:28 PM
Got Cheered for Re: Selling used items owned for many years. ‎August 31, 2022 5:00 PM
Posted Re: How to Find Answer To Your Forum Question on Self employed. ‎August 31, 2022 4:31 PM
Got Cheered for Re: Are IRS Distributions taxable in NYS if taken before retirement age?. ‎August 31, 2022 4:28 PM
Posted Re: Effect of cost basis on crypto staking on Self employed. ‎August 31, 2022 4:26 PM
Posted Re: Selling used items owned for many years on Self employed. ‎August 31, 2022 4:05 PM
Posted Re: eBay Yardsale Exceptions on Self employed. ‎August 31, 2022 3:53 PM
Posted Re: eBay Yardsale Exceptions on Self employed. ‎August 31, 2022 3:05 PM
Got Cheered for Re: Online Ticket Re-Sales. ‎August 31, 2022 3:05 PM
Got Cheered for Re: Are IRS Distributions taxable in NYS if taken before retirement age?. ‎August 31, 2022 2:43 PM
Posted Re: Are IRS Distributions taxable in NYS if taken before retirement age? on Self employed. ‎August 31, 2022 2:40 PM
Posted Re: Online Ticket Re-Sales on Self employed. ‎August 31, 2022 2:14 PM
Posted Re: Used items sold on Ebay on Self employed. ‎August 31, 2022 12:55 PM
Posted Re: 1099 k on Self employed. ‎August 31, 2022 12:17 PM

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Date Registered	‎August 31, 2022 8:29 AM
Date Last Visited	‎August 31, 2022 7:57 PM
Total Messages Posted	9
Total Cheers Received	5

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