I do a schedule C, tho its very small and most of my stuff is a cash business. I am an accountant by trade, so if anyone wants advice on how to handle things, you can message me. Also, constant "losses" on Schedule C, whether real or "padded" are a flag for the IRS.
BTW, if you just buy and sell as a hobby, you are supposed to list the sales on the other income line of your return, not subject to SS tax and can only deduct expenses up to the amt of sales, and on Schedule A, as a misc itemized deduction. , which is subject to AGI limits.
also, a "Random sale" of a large item, not in the business, could be considered a collectible capital gain, taxed at 28 pct
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