to the guy who stated its tax free...if your scrap yard gets audited by the irs you could be in big trouble..my gpa never paid taxes on his scrapping either..when he died the irs took everything he had..they dont mess around...being a scrapper myself i hired a local college teacher who is a certified accountant and teaches accounting at the university 100 dollars a month to keep my butt safe...and with clothes, tools, equipment, gas and or miles, food just to name a few good deductions...i always get a refund from the govt and my taxes are paid...it was a win win,,,last year i got 1900 back from state and federal and im a full time scrapper..so after i paid the accountant 1200..i came out 700 dollars for just putting my reciepts in a bag and taking them downtown once a month...the irs will get whats theres trust me on that lol...if i was a total d-bag i could report you to the irs...they would look into it...goto the scrapyard see total stuff you sold..scrapyard keeps maticulous records..and come back on you ..and since i reported you id get a % of it...im not like that but alot of people are so id be careful throwing that scrapping is tax free lingo around lol