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Private sales of gold are treated as capital-asset transactions for federal tax purposes, with gains on most physical gold and many gold ETFs taxed as collectibles at a long-term federal capital gains ceiling of 28%
are treated as capital assets for federal tax purposes and gains are reported on Schedule D/Form 1040; long‑term gains on physical bullion are taxed under the “collectibles” rules with a maximum feder...
When a dealer furnishes a showing gross proceeds, that document is a third‑party report to the but not the final word on tax liability; the seller remains responsible for determining and reporting the...
Federal law creates two distinct reporting regimes that matter for private sales of gold and silver in Washington: cash-transaction reporting (Form 8300) for payments of $10,000 or more, and dealer re...