Quote:
Originally Posted by Eric72
The hypothetical below is the way I understand things. If I'm wrong, someone please let me know....
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I'm not a tax professional and may well be too conservative, but my understanding was that for a hobby (unless you are a reseller/dealer) you can't always add the costs of grading, postage, etc, to your cost basis, so I've always just gone with my gross cost. But if I'm wrong I hope someone will chime in!