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<p>[QUOTE=&quot;Clawcoins, post: 2697026, member: 77814&quot;]It varies yes.&nbsp; But I normally just tell people 28% (or 30 because it&#039;s easier for people to calculate things in their heads).&nbsp; Plus most people are thinking of short term flipping (though few actually pay taxes on it). </p><p><br /></p><p>The actual rate is determined by the amount of time (short vs long term) the PMs were held and the payer&#039;s ordinary income tax rate.</p><p><br /></p><p>So if it&#039;s a short-term (up to one year) or long-term (more than a year) capital gain is taxed at the max of 28% ST or 20% LT.</p><p><br /></p><p>If I recall</p><p>if you are in the 10/15% tax bracket the CG is 0% for Long Term CG</p><p>25/35 is 15% LT CG</p><p>39.6 is 20%</p><p><br /></p><p>but check the IRS.gov website for accuracy.&nbsp; But it&#039;s something like that.</p><p><br /></p><p>That is one disadvantage to a PM ETF .. it&#039;s always reported thus you have to calc out your taxes on any potential gains, buy in/out fees, monthly fees, etc.</p><p><br /></p><p>I really don&#039;t want to think taxes ... I did my months ago ...[/QUOTE]</p><p><br /></p>

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