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Auto Collection advice
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04-18-2018, 05:01 PM
sb1
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Join Date: Apr 2009
Posts: 3,022
Quote:
Originally Posted by
btcarfagno
This would likely be considered a collectibles gain, therefore taxed at 28% regardless of your tax bracket.
That is correct, on the sale price less the basis of the material.
Last edited by sb1; 04-18-2018 at
05:01 PM
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