fistfulladirt
Gold Member
- Feb 21, 2008
- 12,205
- 4,919
- 🏆 Honorable Mentions:
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- Detector(s) used
- dirtfishing
- Primary Interest:
- Other
“A chair worth money that you bought at a yard sale or grandpa had in his house which you now own is not "income".
Agreed, although, if the yard sale made a profit over the original purchase price, that is taxable income.
An item should not be taxed until sold.
Agreed, although, if the yard sale made a profit over the original purchase price, that is taxable income.
An item should not be taxed until sold.