AM2
New Member

Sold domain using escrow.com. Placed 1/2 money in pre-tax IRA, Do I still report entire amount in my taxes as capital gains or just half?

Hello,

I sold a domain name and collected the funds pre-tax using Escrow.com. I placed half the money in a pre-tax IRA. Will I still need to report the entire amount on my taxes or just the half not within the IRA. Also I am assuming it is being treated as capital gains, please let me know if otherwise. Thank you.