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1099K

I sold over $20000 in 2020. A large part was because I sold half of my Michael Jordan collection which was purchased over 20-30 years ago.

Can you claim cards (inventory) purchased over 20-30 years ago with no receipts?

Card shows dont issue receipts for purchases.

Can I claim all inventory bought 2020 even if only half of it was resold in 2020?

 

 

 

 

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Re: 1099K

You need to speak with an accountant about specifics when it comes to taxes.

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