How Is Gold Taxed When You Sell It? The 28% Collectibles Rule Explained

Excerpt:
Sell physical gold or silver, and the IRS doesn’t tax you like a stockholder — it taxes you like someone who sold a painting. Here’s the 28% collectibles rule behind that gap, how it treats ETFs like GLD differently from mining stocks, and what it means for gifting, inheriting, or holding metal in an IRA.
Are Gold and Silver Taxed Differently? What the IRS Actually Says

Are gold and silver taxed differently? Many investors assume so — but the IRS treats them the same. Learn how gold and silver are taxed, what the collectibles classification means, how state sales taxes differ, and how IRAs can change the tax picture.
