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1099 Mandate Hits Gold Coin Dealers. Posted by Hans at 05:12 Add comments. Jul 242010. ÆtherCzar has been following the 1099 Mandate for a while now. .

Jul 21, 2010 – 1, 2012, Form 1099s will become a means of reporting to the Internal . An issue that combines gold coins, the Obama health care law and the .

Jul 21, 2010 – Gold Coin Dealers Decry New Tax Law - ABC News I mentioned this . These amounts were intentionally kept below the 1099 taxation filing .

Gold Coin Dealers Seek Repeal Of 1099 Rules Provision January 26, 2011. Los Angeles, CA. – Morgan Gold - Senators from both sides of the aisle are .

Jul 23, 2010 – Gold Coins We Buy . Historical Gold Articles . Previously, 1099-miscellaneous forms were intended to document services or labor, and .

Apr 6, 2011 – That's not the only good news for Gold and Silver bullion investors after Congress approved legislation eliminating the new Form 1099 tax .

For example, a broker selling a single gold coin does not need to file Form 1099- B even if the coin is of such form and quality that it could be delivered to satisfy .

Investment guide to buying gold coins. . Bullion Gold Coins . The IRS requires a Form 1099 to be filed when investors sell a threshold value of gold bars, gold .

10 posts - 7 authors - Last post: Apr 11The requirement tucked inside the Healthcare Bill that requires gold coin dealers to file 1099 forms on anyone buying or selling coins with a .

Jun 29, 2010 – The property section means that if B. Max Mehl was selling coins to another major dealer of that era, a 1099 would have to be issued. When he .

Jul 27, 2010 – I was just reading up on the amendment that was slipped into the new health care legislation that has the gold business up in arms recently.

Apr 17, 2008 – For U.S. citizens, Canadian Maple Leafs, South African .

Jul 18, 2010 – We have almost 12 months to turn our 1 ounce gold coins into something else. Get the word out before it's too late. This new Obamacare bill .

16 posts - 12 authors - Last post: May 30This is how it was explained to me by a store owner who buys and sells gold, silver,and coins. If this is actually the case, then "cash is king", and .

Jul 22, 2010 – A dealer that sells gold coins now estimates that his small business will now have to generate between ten and twenty thousand 1099′s each .

Nov 17, 2010 – See our gallery of gold coins for sale below. Order Code, Description, Price Each. CR-1099-10-Gxx, Gold Coins:Gallery Item, See Prices below. .

For example, the IRS site refers to 25 1-ounce gold coins, but those futures . to fill out a 1099-B form and report it to the IRS, if you sell silver (or gold, platinum, .

2 posts - 2 authors - Last post: Apr 18Gold Bullion - IRS 1099 B Form Private gold bullion, 1099 Form not required, any quantity: US Gold Eagle Coins 1 oz - 1/2 oz - 1/4 oz - 1/10 oz .

Apr 16, 2011 – Private gold bullion, 1099 Form not required, any quantity: US Gold Eagle Coins 1 oz - 1/2 oz - 1/4 oz - 1/10 oz; US Gold Buffalo Coins 1 oz .

Nov 20, 2010 – Form 1099-B reporting requirements do not apply to any other coins. They do not apply at all to American Gold Eagles, American Buffalo, .

10 posts - 6 authors - Last post: Jul 6Coin/gold dealers would need to report fairly small purchases through 1099 forms. If they have to track inventory coming in, they will have to .

gold bullion coins, american eagles, maple leafs, sovereigns . can breathe a collective sigh of relief now that the 1099 repeal has been signed into law. .

Jul 21, 2010 – In Hot Button Tea Party Issue, Gold Coin Dealers Feel Unfairly . Act will amend the Internal Revenue Code to expand the scope of Form 1099. .

1 post - 1 author - Last post: Jul 27, 2010On 1099-Tax Reporting Requirements For Half Ounce Gold . An issue that combines gold coins, the Obama health care law and the IRS is .

Jul 12, 2010 – The initial threshold at which IRS Form 1099 reporting is required is $600, which means that at current prices, even a half-ounce gold coin .

2 posts - 2 authors - Last post: Apr 20, 2008For example, Form 1099-B is not required to be filed for the sale of a single gold coin in the form and quality deliverable in satisfaction of a .

May 4, 2011 – Private gold bullion, 1099 Form exempt regarding any quantity for the following items: - American Gold Eagle Coins 1 oz, 1/2 oz, 1/4 oz, 1/10 oz .

Apr 6, 2011 – A new IRS rule that will start in 2012 will require sellers, buyers of gold coins to file IRS paperwork. (Kitco News) Both chambers of the U.S. .

Dec 24, 2010 – The issue is rising to the fore just as gold coin dealers are attracting attention . the Internal Revenue Code to expand the scope of Form 1099. .

Jul 27, 2010 – The requirement tucked inside the Healthcare Bill that requires gold coin dealers to file 1099 forms on anyone buying or selling coins with a .

Jul 18, 2010 – We've given this a look on some other threads and it's not obvious at all that this includes gold coins. If the dealer has to fill out a 1099 when he .

Jul 9, 2010 – Any transaction over $600 will require the filing of a 1099 with the IRS. . Gold and silver minted coins are "legal tender" just like the money in .

50 items – 1099 3 English Gold Sovereign Coins 1963 1895. ' Learn more about searching: General Search tips · Advanced search commands. View as: .

Jul 21, 2010 – The new 1099 provisions in the health care bill, which will force . This can be achieved with fractional gold coins (though the price of gold may .

The Swiss 20 Franc gold coins are not subject to a 1099 filing when you wish to sell them. You can buy and sell these beautiful coins in total privacy. In contrast .

Jul 21, 2010 – . to gold and silver coin dealers and all those who sell coins and bullion. . 1099 forms are used to track and report the miscellaneous income .

19 posts - 11 authors - Last post: Apr 21Private gold bullion, 1099 Form not required, any quantity: US Gold Eagle Coins 1 oz - 1/2 oz - 1/4 oz - 1/10 oz. US Gold Buffalo Coins 1 oz .

Jul 21, 2010 – 1, 2012, Form 1099s will become a means of reporting to the Internal . . How, in Heaven's name, can the rise in value of a gold coin be .

Nov 9, 2010 – thecollectorscoach.com http twitter.com We have almost 12 months to turn our 1 ounce gold coins into something else. Get the.

Jul 17, 2010 – Obamacare and the 1099 - Stay away from 1 ounce Gold Coins. Video loading . The Chicago Code - Season 1 Episode 6 (The Gold Coin Kid) .

Blanchard: The Gold Standard for the Intelligent Investor. Call 1-800-880- . Investing in Gold for New Investors . Broker Reporting (1099-B) . Gold 1 oz. Maple Leaf, as minted, 25 1-oz. coins. Gold 1 oz. Krugerrand, as minted, 25 1-oz. coins .

Gold IRA. Closing Gold Coin Prices Gold Coin Prices. Charts Stats Essays . threshold number of ounces that triggers the need to file a Form 1099 with the IRS. .

Mar 5, 2011 – However the disagreement is not over repealing the 1099 . A 1907 $10 Gold piece becomes the latest US Coin to be Auctioned for more than .

Jul 27, 2010 – Buried deep in the bowels of the 2000 page health care bill is a new requirement for gold dealers to file Form 1099's for all retail sales by .

Many telemarketers tell investors that old U.S. gold coins are not "subject to . .. The 1099B forms are similar to other 1099 forms taxpayers commonly receive; .

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Mar 17, 2011 – Nothing has stirred up more gold dust then the latest tax regulation buried . 1099 TRAP: The 411 on the 1099 law basically states coin dealers .

Unlike pre-1933 U.S. gold coins, which generate no 1099-B reporting form, the sale of certain bullion gold coins may require a government reporting form. .

Jun 29, 2010 – What a disaster this would be if anyone selling rare coins, gold bullion, etc. to a dealer knew that a 1099 form would be sent to the IRS. .

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