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Can I pay my tax to the IRS on sale of gold coins during the current year?
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<p>[QUOTE="Jim-P, post: 7803519, member: 118020"]Thanks for the advice and the questions I should be asking myself. Likely I'll go the 1040-ES route when I liquidate.</p><p><br /></p><p>BTW, I didn't do the coin show in Virginia in part because I didn't want to deal with the sales tax questions. But I still plan on selling at a show in a state with no sales tax.</p><p><br /></p><p>For the curious, the coins I'm talking about are actually one oz. gold eagles. Probably will sell them back to the same firm I bought them from.[/QUOTE]</p><p><br /></p>
[QUOTE="Jim-P, post: 7803519, member: 118020"]Thanks for the advice and the questions I should be asking myself. Likely I'll go the 1040-ES route when I liquidate. BTW, I didn't do the coin show in Virginia in part because I didn't want to deal with the sales tax questions. But I still plan on selling at a show in a state with no sales tax. For the curious, the coins I'm talking about are actually one oz. gold eagles. Probably will sell them back to the same firm I bought them from.[/QUOTE]
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Can I pay my tax to the IRS on sale of gold coins during the current year?
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