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May 10, 2021
Question

Can I report sales expenses for collectibles? I sold collectible silver coins in 2020, but had shipping and ebay and paypal fees. Can I report these to offset my proceeds

  • May 10, 2021
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1 reply

May 10, 2021

Report these expenses as "sales expenses" in the Stocks, Mutual Funds, Bonds and Other interview of TurboTax. 

 

The sale of collectibles is reported as an "Other".

 

See the attached screenshots for aid in navigation. See the shaded information under "Proceeds" in the second screenshot.