Taxes ? on Auction House Consignments - Net54baseball.com Forums

Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you write anything concerning a person or company your full name needs to be in your post or obtainable from it. . Contact the moderator at leon@net54baseball.com should you have any questions or concerns. When you click on links to eBay on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Enjoy!

11-23-2020, 05:46 PM

sb1

Member

Join Date: Apr 2009

Posts: 3,330

Collectibles tax rate is 28%. That is net of the cost less the price sold for, regardless of tax bracket. Unless you inherited it, then you would need an appraisal at time of inheritance which would provide you a stepped up basis.

I am not an accountant either but believe these to be the correct answers.

Last edited by sb1; 11-23-2020 at 05:50 PM.

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is On Forum Rules

Forum Jump

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Taxes On Consignments	joetinkerfan	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	24	09-18-2013 06:37 AM
Auction houses currently accepting consignments...	shammus	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	7	02-14-2012 07:25 AM
Consignments Wanted for Our Upcoming Fall Auction!	GemMintAuctions	Ebay, Auction and other Venues Announcement- B/S/T	1	09-29-2011 06:15 PM
O/T Auction Consignments to B&L	WarHoundR69	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	4	08-24-2009 10:23 PM
? on Auction houses/consignments	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	1	08-29-2005 01:16 PM

All times are GMT -6. The time now is 08:51 AM.