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<p>[QUOTE=&quot;rte, post: 8205595, member: 78199&quot;]If you do find gold coins and don&#039;t sell them, do you have to pay income tax on the coins? </p><p><b>Put them in your collection untill you forget where you got them.</b></p><p>I would think that you would when you sell them. With the new IRS laws about paying taxes on coins when they are sold, they would be taxed. I think the new law starts when you sell more than $600. I&#039;m a retired accountant, but I work with government accounting, so I didn&#039;t have to work with taxes, except for the meager amount the state pays their accountant.</p><p><b>So your saying the government doesn&#039;t account for anything, but you should</b>.</p><p>Anyway, If the find was significant, I probably would definitely keep my mouth shut, not even to my accountant or lawyer because they are required by law to report an violation.</p><p><b>Bingo</b> </p><p>I found 2 $20 bills on the ground when I left a friend&#039;s wedding. My dilemma is, my wife saw me pick them up and I want to look good in her eyes. So, I went back to the reception and asked the father of the bride to let me know if anyone reports loosing 2 $20 bills. My wife was still watch me, so I put the 2 $20&#039;s in with the rest of the gifts.</p><p>So.. </p><p>Do you tell your wife if you found a hoard?</p><p><b>Sure she knows when to SSS</b>.</p><p>&nbsp;How many of you with wifes that have a best friend? Does the best friend have another best friend? And on and on it goes[/QUOTE]</p><p><br /></p>

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