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No, I'm not making profit. I'm losing money. I just wanted to know if there was a way to claim the loss (or no profit at least) without Sch C. Now I'll have to track it all, etc. Frankly I was just quitting my long-term Sch C business and was hoping I was done with Sch C's! Now the very first year I wouldn't have had to do one, I have to do one anyway!So, since selling on ebay isn't much different than a yard sale, I guess people are missing out on claiming losses on Sch C when they have a yard sale, eh?!One problem is that if you claim a loss on Sch C every year, year after year, due to selling on ebay or a yard sale, etc, that raises a red flag, no?
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