/biz/ - Business & Finance

>>19765737
>https://www.irs.gov/taxtopics/tc409
>Net capital gains from selling collectibles (such as coins or art) are taxed at a maximum 28% rate.
Pretty sure that means that they tax you at the maximum cgt rate, which wouuld be 28%. Not up to. That's how I interpret it anyway.

>http://about.ag/28percent.htm
silver-enthusiast site says it's UP TO 28%...
I hopeso, and I'll look into it further, but I'm skeptical.
1)There seems to be basic math errors in their calculations.
2)The entry seems to be from 2013 or older.
3)In explaining how to use the "Schedule D Worksheet" to calculate a lower tax rate, they are... less than confidence-inspiring
>This then gets entered into the complex Schedule D Tax Worksheet, which presumably isn't going to have you pay tax on more than what the 28% Rate Gain Worksheet came up with. That said, the Schedule D Tax Worksheet is quite complex, so I might be missing something.
>presumably
>I might be missing something
I hope they're right, but I'll check with a tax expert when and if I ever sell.
4)Every other site I've seen says 28%, not up to 28%.

Again, I hope they're right, I want to give as little tax $$$ as possible to the lizards. I'm going to do further research though.

>>19516763
Can't tell if low-effort troll, or collectivist bootlicker
Either way, try harder

/pmg/ is comfy, post interesting pics or good info or fuck outta here