LogFAQs > #970030921

IRS be like "thanks for you hardwork now pay us"

capital gains on that $200 thanks for your service

wasn't aware I always discuss the IRS taking large cut of an old ps2 game you find is worth money and sell...

but fine I will expand my point to de-genericize it

basically you will make a profit but much less than expected which had you paid a little more for it and reported the cost and kept track of it and it hadn't been 7 years and you are a business etc, you would make much more profit

but the game sitting in your collection and one day becoming worth something means they take a much more of a cut