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I sold a few thousand dollars worth of gold coins last year, how do I report this via Turbotax?
I should first point out that the gold coins were a gift from a deceased family member. Should I report this under "Less Common Income>Miscellaneous Income, 1099-A, 1099-C" or something else?
Or does the sale even have to be reported at all considering the coins were a gift? Please let me know. Thanks.
Or does the sale even have to be reported at all considering the coins were a gift? Please let me know. Thanks.
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May 17, 2021
5:20 PM