eBay, Whatnot, COMC, Facebook groups — pull it all in. CardTax turns your sales into an IRS-ready Schedule C, Schedule D, and Form 8949 without the spreadsheet sprawl.
The 1099-K threshold is back to $20,000 and 200 transactions — but that's the wrong thing to focus on.
Cards are collectibles. Long-term gains can be taxed at up to 28%, not the 0/15/20% brackets that apply to stocks. Every sale across eBay, Whatnot, COMC, Mercari, and card shows needs its own cost basis. Hobby vs investor vs dealer changes which schedule you file. Fifty states treat collectibles fifty different ways. And the IRS sees every platform report — even below the threshold.
Every dollar of card profit is taxable, 1099-K or not. CardTax assembles real cost basis across every platform you use and produces filer-ready Schedule C, Schedule D, and Form 8949 at the right collectibles rate, in the right state, under the right classification.
Whether or not eBay sends a 1099-K, every gain is income. The IRS doesn't care which form you got — it cares whether you reported the sale.
Cards aren't stocks. Long-term gains stack with ordinary income up to a 28% cap — a unique calculation no off-the-shelf tax tool gets right.
eBay buy here, COMC consignment there, Whatnot break, Facebook private sale. Without software, reconstructing cost basis at filing time is a nightmare.
The same $30k in sales can land on Schedule 1 (no expenses), Schedule D (28% cap), or Schedule C (self-employment tax). Pick wrong, pay thousands extra.
Some states tax collectibles as ordinary income. Some piggyback federal. Some have local surtaxes. Move mid-year, sell into multiple states — CardTax handles all of it.
Platforms still file reports the IRS can match. Hitting $19,000 on eBay doesn't make you invisible — it makes you the easy audit when the numbers don't tie.
Purpose-built for hobbyists, investors, and full-time dealers. No QuickBooks gymnastics, no generic Schedule D template — every feature is shaped around how cards actually trade.
Drop in the export from eBay Seller Hub or Whatnot — CardTax detects the format, maps columns, and brings in fees, shipping, and refunds automatically.
Point your phone at a card. CardTax will identify the player, year, set, parallel, and a fair-market value estimate — then drop it into your inventory with one tap.
State income tax, collectible-gain quirks, and local surtaxes for cities that have one. Move from Texas to California mid-year and CardTax still gets the answer right.
Generate filer-ready previews of every form your accountant asks for. Long-term vs short-term, collectible 28% bucket, wash-sale aware, dealer self-employment tax — all handled.
Start free. Upgrade only when you outgrow it. Cancel anytime, no contract — and every paid tier includes all 50 states, Schedule C/D exports, and the AI scanner the moment it ships.
Yes — every dollar of profit is taxable, whether or not you receive a 1099-K. Selling a card for more than you paid creates a taxable gain, same as selling stock. The IRS treats trading cards as collectibles, so long-term gains can be taxed at up to 28% — higher than the 0/15/20% rates that apply to stocks, and uniquely complex to compute.
Cash sales at shows, Facebook group sales, and small private trades are all taxable too. The form is paperwork; the tax obligation exists regardless.
The One Big Beautiful Bill Act (OBBBA) repealed the ARPA $600 trigger and restored the original IRC §6050W threshold retroactively to 2022. A payment platform only has to issue a 1099-K if you exceed both $20,000 in gross payments and 200 transactions on that single platform.
A few states (MA, VT, VA, MD, IL, NJ, DC) set lower state-level reporting thresholds, so you may still receive a state-issued 1099-K below the federal cap. And remember: not receiving a 1099-K doesn't make a sale tax-free. The IRS still knows platforms report aggregate sales information, and audits frequently target sellers who underreport below the threshold.
Export your sales CSV from eBay Seller Hub, Whatnot, COMC, Mercari, or TCGplayer, and drop it in. CardTax auto-detects the format and maps the columns — sale price, fees, shipping, refunds.
For platforms without a clean CSV (Facebook groups, card shows, in-person), a fast manual entry form handles the rest — and the AI card scanner is on the way.
Personal-use property has a quirk: gains are taxable, but losses are not deductible. CardTax tags personal-collection sales separately so you don't accidentally claim a loss the IRS will disallow.
Same for cards you received as a gift or inheritance — basis rules differ, and CardTax walks you through donor basis, FMV-at-gift, and stepped-up basis for inherited collections.
It depends on facts and circumstances — frequency of sales, intent, time spent, profit motive. CardTax includes a quiz built around the same nine factors the IRS uses, and gives you a defensible answer.
The stakes are big: hobby income hits Schedule 1 gross (no expense deductions, post-TCJA), investor gains go on Schedule D (28% collectible cap), and dealer profit goes on Schedule C with full expense deductibility but 15.3% self-employment tax.
CardTax runs on your own database. We never sell or share your sales data, and the email collection on this page is used only to notify you when full access opens up. You can request deletion at any time.
CardTax doesn't change your audit odds — but it gives you the paper trail to survive one. Every transaction has a basis breakdown (purchase, grading, shipping in, break spot), platform fee detail, and acquisition-type metadata. If the IRS asks, you have the answer.
We're rolling out access in waves. Drop your email and tell us where you sell — we'll let you in early and grandfather you into a launch discount.