« Continue Browsing

Article Preview

Selling items at garage sales or on eBay may have tax implications

Published 05/31/2010, Alexandria Echo Press

Long before eBay existed, garage sales and classified ads helped people unload unwanted items. To figure out if sales have tax implications, H&R Block advises sellers to know how to determine if the resulting cash is reportable taxable income and if the IRS classifies the particular activity as casual selling, a hobby or a business.

Word count: 598

Log In

The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.

E-mail:
Password:
 

Are you a newspaper subscriber but you don't have a Digital Access account yet? Click here to set one up. You will need your subscription account number and phone number.

Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Reset Your Password

Please enter your full e-mail address. We will e-mail you a temporary password.
E-mail: