I have a few questions regarding the 1099. I sold a few thousand dollars
worth of collectibles as a collector (I'm not incorporated as a
business). I received a 1099 for the first time because I sold very
little before, always at a loss after eBay fe...
This is the clearest info I've received on this. Thank you. I would have
gone with the capital gains route but my tax preparer (HR Block) said
they were ordered to file under "acting as a business" and I'm fine with
either way but they said to do it ...
I am okay with paying taxes on any profit I received but the 1099 is for
the entire amount and even seasoned tax professionals don't know exactly
HOW to file. I always thought that profits on goods were capital gains
and not income but even if they a...
I am okay with paying taxes on any profit I received but the 1099 is for
the entire amount and even seasoned tax professionals don't know exactly
HOW to file. I always thought that profits on goods were capital gains
and not income but even if they a...
