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tax tips on reporting the sale of your PMs

derrybderryb Posts: 36,792 ✭✭✭✭✭
in Precious Metals
Collectible tax tips

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    My schedule D looks like a novel this year. Silver sales of the long term gain variety and 25th anniversary sets on the short term side of the ledger. I did take the opportunity to sell some losers during the year in other areas to offset some of the gains.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    How about that new Form 8949 that goes with the Sched. D?
    Possible to end up with up to six different 8949's depending on circumstances of each line item.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    My CPA wants to fire me. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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