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Liz Weston: Why inform IRS about inherited gold coins? Do you want to save money, or have a clear conscience?
Liz Weston: Why inform IRS about inherited gold coins? Do you want to save money, or have a clear conscience?
Liz Weston: Why inform IRS about inherited gold coins? Do you want to save money, or have a clear conscience?

Published on: 05/16/2026

This news was posted by Oregon Today News

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Weston: How would the IRS know if you’ve sold gold coins for a profit? A dealer who buys the coins might be required to file a form with the IRS that’s designed to thwart money laundering. Getty Images

Dear Liz: Regarding the inherited gold coins question, why would anybody tell the IRS they inherited coins and subject themselves to a 28% capital gains tax? That seems very illogical.

News Source : https://www.oregonlive.com/business/2026/05/liz-weston-why-inform-irs-about-inherited-gold-coins-do-you-want-to-save-money-or-have-a-clear-conscience.html

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