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Don’t Let Taxes Slash Your Gold Profits - Forbes
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SILVER TAXES Selling Silver Coins Tax Implications - SD Bullion
WebThis is known as capital gains. According to the IRS, gold and precious metals are considered collectibles and can be taxed at a maximum of 28% when they are sold. Therefore, you will pay capital gains taxes up to 28% on any additional money you make on the sale of gold or precious metals. You will be responsible for reporting this to the IRS ... WebCertificate of Deposits. 2.) Government Bonds. 3.) Corporate Bonds. 4.) Saving Accounts. True or false: Interest income is generally taxed at lower capital gains rates. False. … WebTaxes on Collectibles. American Eagle coins are classified as collectibles by the IRS. The long-term capital gains tax rate for collectibles is 28 percent. At the time of publication, … powerball winning numbers las