Are video games and tcg cards considered peronel items or collectibles on Schedule D filing

Forum|Forum|1 year ago
February 12, 2025
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Hello I am an ebay seller that made a little over $5000 in 2024 and got 1099k. The items were from my personal collection. They were mostly old video games that were still sealed and couple of tcg cards like magic the gathering. I am filing a Schedule D under personal items on turbo tax. I made a profit on sales on the majority of the items and that is taxable. I am using Turbo Tax online to efile. I was wondering if these items would be considered personal items or collectibles by the IRS when I am listing each one. Any information or help would be appreciated.

Vanessa A

Video games would be considered personal items. Below is the IRS definition of a collectible.

Definition of a collectible

Collectibles under IRC Section 408(m)(2) include:

Any work of art,
Any rug or antique,
Any metal or gem (with limited exceptions, below),
Any stamp or coin (with limited exceptions, below)
Any alcoholic beverage, or
Any other tangible personal property that the IRS determines is a "collectible" under IRC Section 408(m).

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