Are taxes really due for profits I made at my garage sale? Yes. Additionally, many people having sales cannot benefit from writing off any business expenses or losses unless it cost you upfront to list a classified ad in a local paper or create advertising for your sale. It’s right to argue though why taxes […]
Paying Taxes on Income from Garage Sales
An important topic that we reported to our readers on last year, many people have asked whether or not they have to report income from a garage sale when filing your taxes and the correct answer is yes.
Additionally, many people having sales cannot ben…