Originally Posted by snbauser:
If I close down and sell off my items at a garage sale, do I need to count it as business income? And if so, do I need to give receipts to those that purchase items?
Technically, if you had previously deducted in full the items you sell, the amount you sell them for is income. But, the IRS has never looked at this, so if you didn't report it as income it probably would never come up. In any case, you don't need to give buyers a receipt, unless you want to.