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<p>[QUOTE=&quot;SwendiCoin, post: 784696, member: 18768&quot;]Well, I got that straight from an example in an IRS publication. Don&#039;t have the time at the moment to look it up again though.</p><p>&nbsp;</p><p>Okay, took a minute to look up the publication again.&nbsp; In IRS Publication 550, Investment Income and Expenses, under the section entitled &quot;Capital Gain Tax Rates&quot;, is the following example ...</p><p>&nbsp;</p><p><b>Example.</b></p><p>All of your net capital gain is from selling collectibles, so the capital gain rate would be 28%. Because you are single and your taxable income is $25,000, none of your taxable income will be taxed above the 15% rate. The 28% rate does not apply.[/QUOTE]</p><p><br /></p>

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