Gold, Taxed
Educational only. Not tax, legal or financial advice, and not a recommendation to buy anything. Rates and thresholds are set by statute and change; check your own position with a CPA or enrolled agent.

About this site

What this site explains, what it refuses to publish, and where its limits are.

A reference on how the United States taxes precious metals: the classification that applies to physical gold and silver, what happens when metal is sold, inherited or given away, which reporting obligations sit with the dealer and which sit with the taxpayer, and the state sales tax that applies at the point of purchase.

Who it is for

Somebody who has just sold metal and is working out what happens next, somebody about to sell who would rather know first, an heir who has inherited coins and has no idea what they originally cost, or anyone who has read that gold is taxed as a collectible and wants to know what that actually means.

What it does not publish

No spot prices, no per-ounce figures and no view on whether metal is worth owning. No dealer, custodian, depository or IRA provider is named anywhere, and nothing on the site is called the best. That is where the advertising money in this subject is, and writing it would turn a reference into a sales page.

No instructions for getting under a reporting threshold. That a threshold exists, what triggers it, and that engineering around it is a separate offence are all explained. How to do it is not.

Where the limits are

Nothing here is tax advice and it cannot be, because the answer for any individual depends on their bracket, their state, their basis and their holding period. Every page says the same thing about that: take your own position to a CPA or an enrolled agent.