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No receipts for bullion purchases or gifts. What to do for taxes?
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<p>[QUOTE="myownprivy, post: 2953158, member: 84588"]I might add that I see dealers will not report their purchase from you with your information unless the value exceeds $10,000. Surely this amount could change in the future, but it would seem the smartest thing to do is to sell them back in very small amounts and simply not report the profit.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 2953158, member: 84588"]I might add that I see dealers will not report their purchase from you with your information unless the value exceeds $10,000. Surely this amount could change in the future, but it would seem the smartest thing to do is to sell them back in very small amounts and simply not report the profit.[/QUOTE]
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No receipts for bullion purchases or gifts. What to do for taxes?
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