kjs94gt
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@Opus 17Makes sense when you explain it that way. I had no idea. Thanks for taking the time to type it all up.
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Thanks for all of the responses. I really appreciate it. We are indeed going to be selling some of it to put toward secondary education for grandchildren of the...
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@ColeenD3Thanks for your answer as well. So, as you stated, "If you know about when it was purchased, you may be able to look at historical gold prices." I can'...
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@Opus 17I understand and appreciate your input. However, I don't want to "hope" I'm not audited. I want to do things right so if I am audited, I can be prepared...
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The family member gifted this gold to us while he was alive, but has now passed away. All of this occurred in the same tax year.
Activity Feed for kjs94gt
- Posted Re: Gifted Physical Gold and Tax Implications: Are there any? on Investors & landlords. March 3, 2021 3:19 PM
- Cheered Re: Gifted Physical Gold and Tax Implications: Are there any? for ColeenD3. March 3, 2021 2:38 PM
- Cheered Re: Gifted Physical Gold and Tax Implications: Are there any? for KrisD15. March 3, 2021 2:36 PM
- Posted Re: Gifted Physical Gold and Tax Implications: Are there any? on Investors & landlords. March 3, 2021 2:24 PM
- Cheered Re: Gifted Physical Gold and Tax Implications: Are there any? for Opus 17. March 3, 2021 2:17 PM
- Cheered Re: Gifted Physical Gold and Tax Implications: Are there any? for Opus 17. March 3, 2021 2:17 PM
- Cheered Re: Gifted Physical Gold and Tax Implications: Are there any? for AmeliesUncle. March 3, 2021 2:17 PM
- Posted Re: Gifted Physical Gold and Tax Implications: Are there any? on Investors & landlords. March 3, 2021 11:53 AM
- Posted Re: Gifted Physical Gold and Tax Implications: Are there any? on Investors & landlords. March 3, 2021 11:46 AM
- Posted Re: Gifted Physical Gold and Tax Implications: Are there any? on Investors & landlords. March 3, 2021 12:38 AM
- Posted Gifted Physical Gold and Tax Implications: Are there any? on Investors & landlords. February 27, 2021 3:37 PM
- Posted How do I properly enter information regarding the partner-to-partner sale of a partnership interest (Class D Incentive Units) from my LLC employer? No 1099 was issued. on Business & farm. April 20, 2020 12:17 AM