|
|
#7
|
||||
|
||||
|
Yes any gains are taxed at the 28% rate
Yes you must self report, unless you want to expose yourself to tax underpayment penalties You are responsible for your taxes not the auction house You can check the Code sections for this info, which should also define collectibles which can include baseball cards As always confirm with an accountant Tony |
| Thread Tools | |
| Display Modes | |
|
|
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 |