97guns
Full time employment: Posting here.
And by 'anything' do you mean you think you do NOT have to put it on your tax return
There is a difference in reporting when buying and selling at a dealer which your link seems to talk about... but when it comes to taxes you have to report the sale even if you do not have a gain... now, are the 1099s etc. that you have to worry about... it seems not according to your link... but that is the same for interest from a savings account... I have one where I get maybe $5 a year and it is not reported to the IRS... I still put it on the tax return....
Have at it, more power to you,..... I'm pretty nonchalant and lax when it comes to taxes, I take what I can In this dog eat dog, rat eat rat world, its innocence until they can prove me guilty. I've paid no more than $2k taxes on $60k+ Income for the past 8 years and this year it's under $1200 since I got married.