Buage_@piefed.social to Lemmy Shitpost@lemmy.worldEnglish · edit-22 months agoTitlemedia.piefed.socialimagemessage-square186linkfedilinkarrow-up1792
arrow-up1792imageTitlemedia.piefed.socialBuage_@piefed.social to Lemmy Shitpost@lemmy.worldEnglish · edit-22 months agomessage-square186linkfedilink
minus-squareTranscendentalEmpire@lemmy.todaylinkfedilinkarrow-up1·2 months agoNah, in the US gold is considered a “collectible” and is taxed at the maximum federal rate of 28% when sold. Capital gains would only apply to something like stock in gold index funds or mining companies.
Nah, in the US gold is considered a “collectible” and is taxed at the maximum federal rate of 28% when sold. Capital gains would only apply to something like stock in gold index funds or mining companies.