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Old March 29, 2010, 09:01 PM   #36
mhuegerich
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Join Date: June 28, 2007
Location: St. Louis MO
Posts: 62
RDak,

I was thinking the same thing when I read your post. You should be able to deduct the cost basis of the firearm from the 1099 amount.

Does that mean you'd need an original receipt, or would an appraisal do?
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