by Noah Green CPA CFE | Jul 10, 2026 | Collectibles Tax Notes
The short version In February 2026, a 1998 Pikachu Illustrator card reportedly sold at auction for 16.49 million dollars. That is the headline number, but it is not the tax answer. For Pokemon and other trading-card-game collectors, the federal tax result depends on...
by Noah Green CPA CFE | Jul 8, 2026 | Collectibles Tax Notes
The short version Sports card taxes are not just about what a card sold for. The federal tax answer can turn on how long you held the card, whether it is treated as a collectible capital asset, what you can prove as basis, whether you are a collector or a dealer, and...
by Noah Green CPA CFE | Jul 6, 2026 | Collectibles Tax Notes
The short version An auction settlement statement is tax evidence. It is not the tax return by itself. If you sell a card, coin, watch, painting, wine lot, or other collectible through an auction house or consignment platform, the wire you receive is usually net of...
by Noah Green CPA CFE | Jul 4, 2026 | Collectibles Tax Notes
The short version If you flip cards, watches, sneakers, comics, coins, or other collectibles at real volume, the tax problem is bigger than the 1099-K. You need to know what is inventory, what becomes cost of goods sold, and whether your sales create state sales-tax...
by Noah Green CPA CFE | Jul 2, 2026 | Collectibles Tax Notes
The short version Collectibles recordkeeping is not about building a perfect archive. It is about being able to connect each sale to the item you sold, what you paid for it, when you acquired it, what costs belong with it, what the platform reported, and what cash...
by Noah Green CPA CFE | Jun 30, 2026 | Collectibles Tax Notes
The short version If you sell cards, sneakers, watches, coins, comics, or other collectibles through eBay, StockX, Whatnot, or another online marketplace, a Form 1099-K can feel like the IRS has already calculated your tax. It has not. Form 1099-K is an information...
