Garage and eBay Sales May Be More Than You Bargain For
KANSAS CITY, MO–(Marketwire – 05/26/10) – Long before eBay existed, garage sales and classified ads helped people unload unwanted items. To figure out if sales have tax implications, H&R Block (NYSE: HRB – News ) advises sellers to know how to determine if the resulting cash is reportable taxable income and if the IRS classifies…