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<p>[QUOTE=&quot;GDJMSP, post: 8139738, member: 112&quot;]It&#039;s not at all difficult to understand - I get it. </p><p><br /></p><p>That said, there are laws on the books, and those laws have always been on the books, that cover your specific situation. If you sell coins you don&#039;t have receipts for, short and not so sweet - you&#039;re gonna pay the max in taxes on them. And if ya don&#039;t ever sell any, whoever you leave the coins to, they&#039;re gonna pay the max in taxes.</p><p><br /></p><p>Anybody that wants to know what happens in any situation, talk to your accountant and he/she will tell you. These tax laws are not new, they&#039;ve been around forever. This new stuff, it&#039;s just a way to catch those folks who don&#039;t and haven&#039;t been reporting income that they should have been reporting all along.[/QUOTE]</p><p><br /></p>

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