Do you report my purchase of precious metals to the IRS? Lindsey August 15, 2024 22:21 Updated No, we are not required to report our sales transactions to the IRS or to any other federal, state, or local agencies. Related articles Will I receive a 1099 or owe taxes if I sell my bullion coins at a profit? If I buy $10,000 or more of gold or silver, is it reported? Do I have to report my bullion purchases to the government? Sales Tax on Bullion: U.S. State Rates and Why GoldSilver Collects It Do bullion coins come with a certificate of authenticity? Comments 0 comments Please sign in to leave a comment.
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