If you collect stamps, coins, or other items as a hobby for recreation and pleasure, and you sell any of the items, your gain is taxable as a capital gain. (See chapter 16.) However, if you sell items from your collection at a loss, you cannot deduct the loss.
Я всегда подозревал, что жизнь несправедлива, а теперь окончательно в этом убедился.
no subject
Date: 2007-01-06 03:50 am (UTC)If you collect stamps, coins, or other items as a hobby for recreation and pleasure, and you sell any of the items, your gain is taxable as a capital gain. (See chapter 16.) However, if you sell items from your collection at a loss, you cannot deduct the loss.
Я всегда подозревал, что жизнь несправедлива, а теперь окончательно в этом убедился.