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#30
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I was afraid of what I have read thus far...I was hoping to fall into the 'yard sale' category and not have to claim it. At this point (and thanks to everyone so far) I will make an effort to sell on a private level or just wait it out long enough to make enough $ to pay for the taxes I'll inevitably be paying.
One thing I considered is using an out-of-work/retired friend to list, this way, his income is only the card and not the card plus my income. he will be in a much lower tax braket. |
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