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- Wed Oct 13, 2010 6:49 pm
- Forum: Lost Mines and Buried Treasure
- Topic: Are found treasures taxed?
- Replies: 12
- Views: 87684
Re: Are found treasures taxed?
Hello Guys, I found the below in a tax outline. Is sentence #2 correct? Does this mean if you find gold nuggests with say a FMV of $100 and then sell them for $100 less the amount is not taxable? Would the same be true if you found alumnimum cans on the side of the road? Found treasure: taxed – any ...