|
#1
|
|||
|
|||
Selling a card you inherited - Income tax
If I get a card through an inheritance in an estate(let’s say it is valued 50k) and I then sell it for 50k, do I pay income tax on the 50k?
Last edited by parkplace33; 08-13-2022 at 10:00 AM. |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Selling an Inherited Collection | Northwoods | Modern Baseball Cards Forum (1980-Present) | 12 | 12-30-2020 12:56 PM |
Help with inherited card collection. | Devojrx7 | Postwar Baseball Cards Forum (Pre-1980) | 21 | 12-05-2020 06:05 PM |
PayPal & Income Tax Question | GehrigFan | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 14 | 09-11-2014 07:43 PM |
For the Casual Seller on eBay: Do you report your income? | cbcbcb | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 8 | 03-22-2010 11:53 AM |
Income set aside for collecting | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 10 | 10-22-2006 08:20 AM |