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Form 8949 is used for a variety of investment types to reconcile amounts that were reported to you and the IRS on Form 1099-B or 1099-S (or substitute statement) with the amounts you report on your return. The subtotals from this form will then be carried over to Schedule D (Form 1040), where gain or loss will be calculated.
In order to enter information regarding the sale of gold held for investment in TurboTax Online:
TurboTax will calculate any gain and transfer the information to the correct tax forms.
See IRS Publication 550 for more information on the taxation of investments.
gold coins would be a collectible so that would need to be coded C (Column f of form 8949). collectibles can be taxed at a higher rate than a gain on the sale of stock.
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