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#1
03-29-2022, 02:48 PM
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OT - Tax Return Question
I opened an eBay store in 2021. In order to properly file a tax return, I'll be entering beginning and ending inventory totals.
My question seems simple; however, I've learned this is seldom the case with anything tax-related. For the sake of keeping this post brief, let's say I decided to turn my sports card collection into my inventory. Should I only list as inventory the items I currently have listed for sale? I've created literally thousands of eBay listings this year. I plan to list thousands more. All the items (there are actually vinyl records, comic books, etc.) are inventory, in the truest sense of the word. However, I haven't been able to list them all yet. There is only so much time each day.
__________________
Eric Perry Currently collecting: T206 (132/524) 1956 Topps Baseball (190/342) "You can observe a lot by just watching." - Yogi Berra Last edited by Eric72; 03-29-2022 at 02:49 PM. 
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