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Where to Save for Early Retirement? - 408

Your Money, Your Wealth

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Can I Report a Loss on My Tax Return?

The IRS is mandating 1099s be issued for transactions being done on eBay, Venmo, PayPal and similar services. Should people selling old junk that can show real losses on sold items now report them as such in deduct a loss? If not, what is one supposed to do with the 1099? Can't wait for the day the IRS shows up to look through my garage sale items.

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