Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What tax to I pay on selling a coin I didn't pay an exact amount for?
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 2167313, member: 15199"]The IRS and your state board ( if you have such) is hard to convince that your expenses are part of a business rather than part of your hobby. Deducting 500 in hotel and travel to go to a show where you buy $200 of coins and eventually sell them for $400 will not make them happy. Read your tax guides[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2167313, member: 15199"]The IRS and your state board ( if you have such) is hard to convince that your expenses are part of a business rather than part of your hobby. Deducting 500 in hotel and travel to go to a show where you buy $200 of coins and eventually sell them for $400 will not make them happy. Read your tax guides[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What tax to I pay on selling a coin I didn't pay an exact amount for?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...