So my question is since I won't make any profit and have all the ebay receipts to show this will I have to worry about any income tax or capital gains taxes that I may owe to the Fed once ebay sends in the 1099 on all my sterling sales? And will the fact that I purchased this sterling in 2020 & 2021 play a factor or cause a problem when I report my income for a different year being 2022?
Bottom line is I have a Democrat Governor nailing me on one end and a Democrat President nailing me on the other end and it has sure taken the fun out of buying and selling on ebay
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