Collectibles Tax Explained: What the IRS Really Thinks About Your Art, Coins & Cards
Автор: Gordon Tax
Загружено: 2025-07-21
Просмотров: 2964
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Got art, coins, cards… or even NFTs in your portfolio?
You might be sitting on a tax bomb.
The IRS treats collectibles differently than stocks or crypto — and if you’re buying, selling, or trading valuable personal items, you could be on the hook for up to 28% in capital gains tax.
In this video, we’ll explain:
🖼️ What the IRS defines as a “collectible”
📦 The difference in tax treatment for collectibles vs. other investments
📈 How to calculate and report gains on things like art, wine, watches, baseball cards, and NFTs
⚠️ Common mistakes collectors make that trigger IRS attention
✅ How Gordon Tax helps you report, plan, and stay compliant
Whether you're flipping Pokémon cards, collecting rare whiskey, or selling a Banksy, this is a tax rule you can’t afford to ignore.
📞 Need help figuring out what qualifies — and how to report it? Contact Gordon Tax:
👉 https://www.gordontax.com
👍 Like this video?
🔔 Subscribe for more smart tax tips that make the IRS a little less scary.
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