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What to accept for my gold in relation to spot.
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<p>[QUOTE="-jeffB, post: 7545526, member: 27832"]That's what I thought.</p><p><br /></p><p>Breaking it into a "series of transactions" under $10K is called "structuring", and gets you <i>all</i> the attention from tax authorities.</p><p><br /></p><p>It's also <b>completely pointless</b> for an <i>estate</i> liquidation, I'd think -- the cost basis gets reset on inheritance, so capital gains and taxes should be non-existent.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 7545526, member: 27832"]That's what I thought. Breaking it into a "series of transactions" under $10K is called "structuring", and gets you [I]all[/I] the attention from tax authorities. It's also [B]completely pointless[/B] for an [I]estate[/I] liquidation, I'd think -- the cost basis gets reset on inheritance, so capital gains and taxes should be non-existent.[/QUOTE]
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