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https://sdbullion.com/irs-gold-buying-reporting-selling-privacy
Whether a bullion purchase or a bullion sale is private and or reported, no bullion product sales are exempt from any applicable capital gains taxes (either state or federal). Regardless of whether you make a capital gain or a capital loss on the transaction (s).
https://www.sellyourgold.com/tax-reporting-requirements
However, this criteria differs for each kind of precious metal. For sales of gold bars and rounds to be considered reportable, every individual piece of bullion must have a fineness of at least.995 and the total purchase quantity must be 1 kilo (32.15 troy ounces) or more.
https://www.moneymetals.com/news/2015/03/02/the-ins-and-outs-of-government-reporting-000675
Mar 02, 2015 · Silver and Gold Sales Sales of silver bullion rounds, silver coins, 1 oz, 5, 10, kilo, and 100 oz. silver bullion bar sizes, or any gold mint coins and rounds do not trigger a Form 1099B filing requirement. It should be noted, however, that individual taxpayers have their own reporting obligations as to their own tax returns.Estimated Reading Time: 9 mins
https://fisherpreciousmetals.com/resources/general-market-info/truth-precious-metals-reporting/
Reportable sales (again, customer sales to dealers) apply to 1-oz Gold Maple Leafs, 1-oz Krugerrands, and 1-oz Mexican Onzas in quantities of twenty-five or more in one transaction. Reporting requirements do not apply to American Gold Eagles, no matter the quantities.Estimated Reading Time: 6 mins
https://www.jmbullion.com/reportable-bullion-transactions-infographic/
For sales of gold bars and rounds to be considered reportable, every individual piece of bullion must have a fineness of at least.995 and the total purchase quantity must be 1 kilo (32.15 troy ounces) or more.
https://www.golddealer.com/investment-guides/reportable-bullion-cash-transactions/
If any dealer claims these gold bullion coins are reportable bullion when you sell make sure you have your hand on your wallet. There is also no reporting on any small gold bullion coins or the popular fractional gold bullion coins which are available in 1/10, 1/4, and 1/2 ounce sizes.
http://ownthedollar.com/2011/02/required-to-report-irs-gold-profits/
Incidentally, there is actually not IRS gold reporting requirements for American Gold Eagles regardless of the quantity traded. Only pre-1965 U.S. silver coins sales are reportable when the sale’s face value totals more than $10,000. Like most financial transactions, $10,000 is usually the magic number that draws IRS scrutiny.
https://www.caseyresearch.com/daily-dispatch/this-is-the-only-way-to-buy-gold-without-the-government-tracking-you/
Feb 25, 2016 · The $6,000 limit will soon be $1,000. The local jewelry shop is the last place you can buy gold without the government tracking you. Take advantage of it while you can. Editor’s Note: As E.B. said, the government wants to know every detail of your …
https://www.macys.com/shop/jewelry-watches/gold-jewelry/METAL_WEIGHT,SPECIAL_OFFERS/14K,Clearance%2FCloseout?id=2904
Macy's. Textured Glittery Hoop Earrings in 14k Gold, White Gold or Rose Gold, 1 inch. $700.00. Sale $279.50. (10) more like this. Macy's. Small Textured Hoop Earrings in 14k Gold, 1".
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