I have two questions regarding the tax reporting of Ebay sales. I have sold numerous items for a substantial amount. I am not a dealer, rather I simply want to reduce the amount of "things" in my life as I approach retirement. I have complete documentation of the cost basis of each of these items. Can I simply report the gain as a single schedule D entry for "Ebay items sold"? (All are long-term). Or should I itemize each separately?The second question is the cost basis of "things" inherited from my parents. Would these be considered to have a stepped-up basis as do inherited securities?Or if I sell collectibles I received from my parents would the entire sale price be taxable?Chuck
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