BAJJERFAN ✭✭✭✭✭
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Re: Selling Coins As A Hobby
A family member took in a large sum via PayPal/1099-Ks. He was of the belief he could simply write off expenses, but by default he ended up having to file as a business. By dumb luck happenstance I f… (View Post)2 -
Re: Please post your favorite MorganS
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Re: Selling Coins As A Hobby
FWIW I'm recommending that my son take his tax stuff to H & R Block at least for this year. (View Post)1 -
Re: Selling Coins As A Hobby
Does GC buy coins? When they or Heritage, etc. sell for you there is no 1099 because they never took ownership of your coins. If you sell certain bullion items like AGEs to APMEX they are tax exempt … (View Post)1 -
Re: Selling Coins As A Hobby
If you took that $1000 face in 1964 to your bank and wanted to deposit them into your checking account how much would they credit you for? Probably $1000. So if you're using it at face value as inten… (View Post)1
