2023 K1 ? we are retired,

[landy61]

 We re over eighty . Getting rid of stuff via Ebay , yard sales, Craig' list etc. , to get ready, to change venue.

So we are selling our "Stuff"  to down size , for the movement.   Are we still limited by the K1 to a  $600 , if it is our own existing stuff , ie books, furniture, collectibles,  all stuff acquired over 60 years, before we need to pay a tax on the sales

Will we need to do a K1 even in a yard sale also/   Don't make sense  !

[glorybells]

Legally you’ve always been supposed to report ANY income, from any source.  The only difference will be that eBay is now going to be required to send you a 1099 for it.