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Tax deductions as part-time seller

Started by Jakeblue,

4 posts in this topic

Jakeblue

Jakeblue

Posted
Posted

I was wondering if anyone had any helpful info on possibly using tax deductions from a business standpoint when selling coins. I sell a coin when I upgrade to a nicer one and there are, of course, costs involved. I imagine several others do this as well.

 

Thanks.

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truthteller

truthteller

Posted
Posted
I was wondering if anyone had any helpful info on possibly using tax deductions from a business standpoint when selling coins. I sell a coin when I upgrade to a nicer one and there are, of course, costs involved. I imagine several others do this as well.

 

Thanks.

 

Which category are you in:

 

Investor

Business

Hobby

 

Each has it's own set of rules and guidelines.

 

 

 

TRUTH

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Jakeblue

Jakeblue

Posted
  • Author
Posted
I was wondering if anyone had any helpful info on possibly using tax deductions from a business standpoint when selling coins. I sell a coin when I upgrade to a nicer one and there are, of course, costs involved. I imagine several others do this as well.

 

Thanks.

 

Which category are you in:

 

Investor

Business

Hobby

 

Each has it's own set of rules and guidelines.

 

 

 

TRUTH

 

Hobby

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