To: TheDandyMan
Make sure you pay your 28% tax on the coin when you sell it.
To: Karl Spooner; TheDandyMan
Make sure you pay your 28% tax on the coin when you sell it. Correct. If you had purchased it yourself, you could knock off the purchase price, and only pay on the difference.
However, since you paid nothing, you're on the hook for the whole enchilada.
23 posted on
08/15/2016 8:29:20 PM PDT by
kiryandil
(Hillary Clinton is not sophisticated enough to understand the Bill of Rights, either.)
To: Karl Spooner
“Make sure you pay your 28% tax on the coin when you sell it.”
No tax on bullion or coins of the kind the original poster described.
51 posted on
08/16/2016 4:54:24 AM PDT by
ought-six
(Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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