Published May 31, 2010, 10:08 AM
Selling items at garage sales or on eBay may have tax implications
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.By: Staff Report, Alexandria Echo Press
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