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> We don't tax people on the FMV of gold when they dig it out of the ground. The IRS considers found gold to be gross income and taxes are owed on it.
by WoahNoun 3y ago
> We don't tax people on the FMV of gold when they dig it out of the ground.
The IRS considers found gold to be gross income and taxes are owed on it.
- whimsicalism 3y agoDig out of the ground != found gold, look at the caselaw
- deleted 3y ago[deleted]