I sold two articles of clothing on a selling app. I also paid for shipping of the items. I did not get a tax form so do I still need to include it in my return?
I sold two articles of clothing on a selling app. I also paid for shipping of the items. I did not get a tax form so do I still need to include it in my return?
It depends. If they were personal items you sold at a loss, then NO, you don't need to report it. However, if you sold the items at a gain, you have taxable income. If the items were not personal items you resold, you would have either business or hobby income that should be reported on your tax return.
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