Submitted by zangster t3_10pgf0x in personalfinance
DeluxeXL t1_j6kbw80 wrote
Were your transactions business or personal? Did you make any profit from any individual sale?
zangster OP t1_j6kekd7 wrote
They were all personal transactions. Just clearing out things from my closet and old game and sports cards. Unfortunately, these are things I've had for decades so it's not like I can go back and see how much I paid for them.
DeluxeXL t1_j6kez9b wrote
Unless they're collectibles, it's not likely you made any profit. Follow the process in Understanding your Form 1099-k: Personal items sold at a loss.
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