[Archive]

Posted By: leon

As Barry said it's income. I treated it as such a few years ago, actually it was a loss of a few thousand dollars, went through an IRS audit, and it was fine...I showed where I bought the cards on ebay, and sold them on ebay for a loss......I did forget about a few stocks I sold and had to pay the piper...but the card part was fine.....The IRS recognized and accepted the loss.