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<p>[QUOTE=&quot;satootoko, post: 167831, member: 669&quot;]If you are asking about income taxes, the sale price less the cost of acquisition would be considered &quot;income&quot;, which would be considered along with the seller&#039;s other income in setting the tax rate. </p><p><br /></p><p>If the seller is in the business of buying/selling coins, the sale price would add to gross income, subject to all the business deductions the seller might be entitled to.&nbsp; </p><p><br /></p><p>The dollar amount of the tax would also be affected - often substantially - by whether or not the seller is subject to the Alternate Minimum Tax (an invention of Satan :hammer: )[/QUOTE]</p><p><br /></p>

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