Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering

Does the sale of personal items need to be declared as income on my income taxes?
I doubt it. In the States you would only owe tax if you sold such an item at a profit. "garage sales" aren't taxable as they are nearly always common household items and sale is  more about clearing out one's attic/garage than about profit. Keep in mind, if I pay for a book, and immediately sell it for the same price, there's no tax due, why would tax be due if I sell for a loss?