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<p>[QUOTE=&quot;Cringely, post: 936034, member: 22271&quot;]If the law is not changed, 1099&#039;s will be required by the mint for (assuming today&#039;s PM prices hold) any gold or platinum purchases totaling 1/2 ounce or higher aggregated for an entire calendar year.</p><p><br /></p><p>Another concern is that paying for anything (used car, bedroom furniture set, etc.) with cash will require that you give the seller your social security number. Talk about a way to invite identity theft... .</p><p><br /></p><p>I am in the process of writing my member of Congress and both Senators to ask for the repeal of the recently added 1099 reporting provision. I suggest that all other CTers do the same. Hearing from constituents can cause elected officials to change things.[/QUOTE]</p><p><br /></p>

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