Silver coins

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • bekzm
    Senior Member
    • Jan 2008
    • 155
    #1

    Silver coins

    A client sold a lot of his .50 cent pieces silver coins. Paid in 1991 $1385.52 and sold for $7759. Do I report on schedule D or what. Never had coins sold.
    Can anyone advice.
    Thanks
    Tags: None
    • TXEA
      Senior Member
      • Feb 2014
      • 329
      #2
      Capital Gain transaction. Be sure and code the software to collectibles to get the appropriate tax rate.

        Comment

        • bekzm
          Senior Member
          • Jan 2008
          • 155
          #3
          Thank you

          Thank you for your advice.

            Comment

            Previous template Next

            Disclaimer

            Collapse

            This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

            Working...