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<p>[QUOTE="NPCoin, post: 597327, member: 5629"]First off, I would be more concerned with your State's sales tax laws if you happen to sell to anybody in your State. As far as income tax, that would depend on if you are running this as a business or an individual. As a business, you would report it on your Profit and Loss, otherwise you would report it under your capital gains.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 597327, member: 5629"]First off, I would be more concerned with your State's sales tax laws if you happen to sell to anybody in your State. As far as income tax, that would depend on if you are running this as a business or an individual. As a business, you would report it on your Profit and Loss, otherwise you would report it under your capital gains.[/QUOTE]
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