should I be selling silver stuff

[Anonymous]

Anonymous wrote:If you sell silver do you have to pay tax on that?

The gain ( sale price - original purchase price) is taxable as income.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you sell silver do you have to pay tax on that?

The gain ( sale price - original purchase price) is taxable as income.

Only in excess of $10,000 if reported by the purchaser on form 8300. Most pawn shops look the other way or purchase just under &10k don’t have to file

[Anonymous]

You could sell on eBay instead of in-person.

I just sold some silver rounds at $95 per ounce.

You pay the eBay seller fee, but you don't need to go anywhere other than the post office.