{"id":21362,"date":"2026-10-12T04:59:10","date_gmt":"2026-10-12T03:59:10","guid":{"rendered":"https:\/\/metalsradar.com\/tax-on-gold\/"},"modified":"2026-10-12T16:27:42","modified_gmt":"2026-10-12T15:27:42","slug":"tax-on-gold","status":"publish","type":"page","link":"https:\/\/metalsradar.com\/en\/tax-on-gold\/","title":{"rendered":"Tax on gold and silver: US capital gains calculator"},"content":{"rendered":"<div class=\"tx-page\"><h1>Tax on gold and silver: US capital gains calculator<\/h1><p class=\"tx-lead\">The IRS treats physical gold, silver, platinum and palladium as collectibles. Held more than a year, the gain is taxed at your ordinary rate but no more than 28%; held a year or less, at your ordinary rate. Sales tax on buying depends on your state. The calculator estimates the federal tax for individuals.<\/p><script type=\"application\/json\" id=\"tx-data\">{\"mk\":\"en\",\"locale\":\"en-US\",\"cur\":\"USD\",\"buy\":{\"tax_name\":\"Sales tax\",\"std_title_na\":\"No federal VAT; state sales tax varies\",\"std_text\":\"The US has no federal VAT or sales tax on precious metals. Sales tax is set by each state: many states exempt bullion, some only above a set amount, some tax it in full. Check with your state department of revenue.\",\"metals\":{\"gold\":{\"inv\":null,\"rate\":null},\"silver\":{\"inv\":null,\"rate\":null},\"platinum\":{\"inv\":null,\"rate\":null},\"palladium\":{\"inv\":null,\"rate\":null}}},\"sell\":{\"type\":\"us\",\"cap\":28,\"niit\":3.8,\"rate_label\":\"Your federal income tax bracket (2026)\",\"rates\":[[10,\"10% (single up to $12,400 taxable income)\"],[12,\"12% (single $12,401 to $50,400)\"],[22,\"22% (single $50,401 to $105,700)\"],[24,\"24% (single $105,701 to $201,775)\"],[32,\"32% (single $201,776 to $256,225)\"],[35,\"35% (single $256,226 to $640,600)\"],[37,\"37% (single over $640,600)\"]],\"rate_default\":22,\"rate_hint\":\"Married filing jointly: double the single thresholds up to the 35% bracket; 37% starts at $768,700. State income tax is not included.\",\"checks\":{\"niit\":{\"label\":\"Add the 3.8% Net Investment Income Tax (modified AGI over $200,000 single or $250,000 married filing jointly)\",\"on\":false}},\"src\":[\"IRS Topic 409, Capital gains and losses\",\"https:\/\/www.irs.gov\/taxtopics\/tc409\"],\"t\":{\"need_date\":\"Enter the purchase date to check the holding period\",\"rule\":\"Physical gold, silver, platinum and palladium are collectibles. Held more than one year: long-term gain taxed at your ordinary rate, capped at 28%. Held one year or less: short-term gain taxed as ordinary income.\",\"lt_from\":\"Long-term from {date}.\",\"lt\":\"Long-term collectibles gain: {rate}% federal\",\"st\":\"Short-term gain: {rate}% federal (long-term from {date})\",\"tax_text\":\"Gain = sale price minus your cost basis (purchase price plus fees). Report it on Form 8949 and Schedule D. A gain that crosses a bracket is taxed partly at each rate; state income tax is extra.\",\"loss\":\"A capital loss: no tax on this sale, and the loss can offset other capital gains.\"}},\"ui\":{\"no_tax\":\"No {tax}\",\"add_dates\":\"Add the purchase date\",\"add_sell\":\"Add the sale price\",\"source\":\"Source\",\"res_buy\":\"When you buy\",\"res_sell\":\"When you sell\",\"vat_in_price\":\"{rate}% {tax} included in the price\",\"net_of\":\"Price without it: {net}.\",\"not_inv\":\"Below the {min} fineness needed for the exemption.\",\"today\":\"today\",\"bad_dates\":\"The sale date is before the purchase date.\",\"no_gain\":\"No gain, so no tax on this sale\",\"need_sell\":\"Enter the sale price to estimate the tax\",\"gain\":\"Gain\",\"loss_l\":\"Loss\",\"taxable_gain\":\"Taxable gain\",\"tax_est\":\"Estimated tax\",\"after_tax\":\"You keep\",\"sale_on\":\"Sale date used: {date}.\"},\"products\":[{\"t\":\"1oz Krugerrand Gold Coin\",\"m\":\"gold\",\"f\":916.7,\"p\":4199.97,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-krugerrand-gold-coin\/\"},{\"t\":\"1oz Kangaroo Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":4210.97,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-kangaroo-gold-coin\/\"},{\"t\":\"1oz American Buffalo Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":4220.96,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-american-buffalo-gold-coin\/\"},{\"t\":\"1oz Maple Leaf Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":4238.97,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-maple-leaf-gold-coin\/\"},{\"t\":\"1oz American Eagle Gold Coin\",\"m\":\"gold\",\"f\":916.7,\"p\":4243.68,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-american-eagle-gold-coin\/\"},{\"t\":\"1oz Britannia Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":4266.17,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-britannia-gold-coin\/\"},{\"t\":\"1oz China Panda Gold Coin\",\"m\":\"gold\",\"f\":999,\"p\":4308,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-china-panda-gold-coin\/\"},{\"t\":\"1oz Lunar III Dragon Gold Coin 2024\",\"m\":\"gold\",\"f\":999.9,\"p\":4328.5,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-lunar-iii-dragon-gold-coin-2024\/\"},{\"t\":\"1oz Maple Leaf Silver Coin\",\"m\":\"silver\",\"f\":999.9,\"p\":62.69,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-maple-leaf-silver-coin\/\"},{\"t\":\"1oz Vienna Philharmonic Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":63.43,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-vienna-philharmonic-silver-coin\/\"},{\"t\":\"1oz Krugerrand Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":63.9,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-krugerrand-silver-coin\/\"},{\"t\":\"1oz Mexican Silver Libertad Coin\",\"m\":\"silver\",\"f\":999.9,\"p\":64.67,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-mexican-silver-libertad-coin\/\"},{\"t\":\"1oz Kangaroo Silver Coin\",\"m\":\"silver\",\"f\":999.9,\"p\":65.23,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-kangaroo-silver-coin\/\"},{\"t\":\"1oz Britannia Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":65.5,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-britannia-silver-coin\/\"},{\"t\":\"1oz American Eagle Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":66.77,\"u\":\"https:\/\/metalsradar.com\/en\/product\/1oz-american-eagle-silver-coin\/\"}]}<\/script><section class=\"gira-tool tx-tool\" id=\"calculator\" aria-labelledby=\"tx-h\"><div class=\"sechead tx-head\"><div><h2 id=\"tx-h\">Gold and silver tax calculator<\/h2><p class=\"sub\">Enter what you bought and, if you like, what you sell it for. You get the VAT or GST in the price and an estimate of the tax on the sale.<\/p><\/div><div class=\"tx-mkbar\"><span class=\"tx-mkcur\">\ud83c\uddfa\ud83c\uddf8 United States<\/span><details class=\"tx-mk\"><summary>Other country \u203a<\/summary><ul class=\"tx-mklist\" aria-label=\"Country\"><li><a href=\"https:\/\/metalsradar.com\/pl\/podatek-od-zlota\/\" hreflang=\"pl\">\ud83c\uddf5\ud83c\uddf1 Polska<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/de\/gold-steuer-rechner\/\" hreflang=\"de\">\ud83c\udde9\ud83c\uddea Deutschland<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/es\/impuestos-oro\/\" hreflang=\"es\">\ud83c\uddea\ud83c\uddf8 Espa\u00f1a<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/gb\/capital-gains-tax-on-gold\/\" hreflang=\"gb\">\ud83c\uddec\ud83c\udde7 United Kingdom<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/au\/tax-on-gold-australia\/\" hreflang=\"au\">\ud83c\udde6\ud83c\uddfa Australia<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/ca\/tax-on-gold-canada\/\" hreflang=\"ca\">\ud83c\udde8\ud83c\udde6 Canada<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/in\/tax-on-gold-india\/\" hreflang=\"in\">\ud83c\uddee\ud83c\uddf3 India<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/sg\/gst-on-gold-singapore\/\" hreflang=\"sg\">\ud83c\uddf8\ud83c\uddec Singapore<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/ae\/vat-on-gold-uae\/\" hreflang=\"ae\">\ud83c\udde6\ud83c\uddea United Arab Emirates<\/a><\/li><\/ul><\/details><\/div><\/div><div class=\"tx-grid\"><form class=\"panel tx-form\" novalidate onsubmit=\"return false\"><div class=\"tx-step\"><h3 class=\"tx-sh\"><span class=\"tx-n\" aria-hidden=\"true\">1<\/span>What you buy<\/h3><div class=\"gt-f tx-prod\"><label for=\"tx-prod\">Product from our price comparison<\/label><select id=\"tx-prod\"><option value=\"\">Choose a coin (optional)<\/option><option value=\"0\">1oz Krugerrand Gold Coin<\/option><option value=\"1\">1oz Kangaroo Gold Coin<\/option><option value=\"2\">1oz American Buffalo Gold Coin<\/option><option value=\"3\">1oz Maple Leaf Gold Coin<\/option><option value=\"4\">1oz American Eagle Gold Coin<\/option><option value=\"5\">1oz Britannia Gold Coin<\/option><option value=\"6\">1oz China Panda Gold Coin<\/option><option value=\"7\">1oz Lunar III Dragon Gold Coin 2024<\/option><option value=\"8\">1oz Maple Leaf Silver Coin<\/option><option value=\"9\">1oz Vienna Philharmonic Silver Coin<\/option><option value=\"10\">1oz Krugerrand Silver Coin<\/option><option value=\"11\">1oz Mexican Silver Libertad Coin<\/option><option value=\"12\">1oz Kangaroo Silver Coin<\/option><option value=\"13\">1oz Britannia Silver Coin<\/option><option value=\"14\">1oz American Eagle Silver Coin<\/option><\/select><\/div><fieldset class=\"tx-fs\"><legend>Metal<\/legend><div class=\"tx-segs\"><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"gold\" checked><span>Gold<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"silver\"><span>Silver<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"platinum\"><span>Platinum<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"palladium\"><span>Palladium<\/span><\/label><\/div><\/fieldset><fieldset class=\"tx-fs\"><legend>Form<\/legend><div class=\"tx-segs\"><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-form\" value=\"coin\" checked><span>Coin<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-form\" value=\"bar\"><span>Bar or wafer<\/span><\/label><\/div><\/fieldset><div class=\"tx-row2\"><div class=\"gt-f\"><div class=\"tx-lr\"><label for=\"tx-fin\">Fineness (per mille)<\/label><button type=\"button\" class=\"tx-i\" aria-expanded=\"false\" aria-controls=\"tx-fin-hint\" title=\"What counts as investment metal?\"><span aria-hidden=\"true\">i<\/span><span class=\"tx-sr\">What counts as investment metal?<\/span><\/button><\/div><select id=\"tx-fin\"><option value=\"999.9\" selected>999.9<\/option><option value=\"999\">999<\/option><option value=\"995\">995<\/option><option value=\"990\">990<\/option><option value=\"916.7\">916.7<\/option><option value=\"900\">900<\/option><option value=\"0\">Lower<\/option><\/select><\/div><div class=\"gt-f\"><label for=\"tx-buy\">Purchase price<\/label><div class=\"gt-in tx-cur\"><span aria-hidden=\"true\">$<\/span><input id=\"tx-buy\" type=\"number\" inputmode=\"decimal\" min=\"0\" step=\"any\" value=\"10000\"><\/div><\/div><\/div><p class=\"tx-hint\" id=\"tx-fin-hint\" hidden>Fineness does not change federal tax in the US. It can matter for state sales tax exemptions and for IRA eligibility.<\/p><\/div><div class=\"tx-step tx-step2\"><h3 class=\"tx-sh\"><button type=\"button\" class=\"tx-tog\" aria-expanded=\"false\" aria-controls=\"tx-s2\"><span class=\"tx-n\" aria-hidden=\"true\">2<\/span><span>When you sell <small>(optional)<\/small><\/span><i class=\"tx-chev\" aria-hidden=\"true\"><\/i><\/button><\/h3><div id=\"tx-s2\" class=\"tx-s2\" hidden><div class=\"tx-row2\"><div class=\"gt-f\"><label for=\"tx-bdate\">Purchase date<\/label><input id=\"tx-bdate\" type=\"date\"><\/div><div class=\"gt-f\"><label for=\"tx-sdate\">Sale date <small>(empty = today)<\/small><\/label><input id=\"tx-sdate\" type=\"date\"><\/div><div class=\"gt-f\"><label for=\"tx-sell\">Sale price<\/label><div class=\"gt-in tx-cur\"><span aria-hidden=\"true\">$<\/span><input id=\"tx-sell\" type=\"number\" inputmode=\"decimal\" min=\"0\" step=\"any\"><\/div><\/div><div class=\"gt-f tx-rate\"><label for=\"tx-rate\">Your federal income tax bracket (2026)<\/label><select id=\"tx-rate\"><option value=\"10\">10% (single up to $12,400 taxable income)<\/option><option value=\"12\">12% (single $12,401 to $50,400)<\/option><option value=\"22\" selected>22% (single $50,401 to $105,700)<\/option><option value=\"24\">24% (single $105,701 to $201,775)<\/option><option value=\"32\">32% (single $201,776 to $256,225)<\/option><option value=\"35\">35% (single $256,226 to $640,600)<\/option><option value=\"37\">37% (single over $640,600)<\/option><\/select><\/div><\/div><div class=\"tx-cks\"><label class=\"tx-ck\"><input type=\"checkbox\" id=\"tx-ck-niit\"> <span>Add the 3.8% Net Investment Income Tax (modified AGI over $200,000 single or $250,000 married filing jointly)<\/span><\/label><\/div><\/div><\/div><\/form><aside class=\"panel tx-card\" aria-labelledby=\"tx-rh\"><h3 class=\"tx-ch\" id=\"tx-rh\">Your result<\/h3><div class=\"tx-out\" aria-live=\"polite\"><noscript><p class=\"gt-hint\">The calculator needs JavaScript. The rules are listed below.<\/p><\/noscript><\/div><details class=\"tx-how\"><summary>How this is calculated<\/summary><div class=\"tx-how-b\"><\/div><\/details><p class=\"gt-foot\">This is not tax advice. For individuals, not businesses or traders. Check your case with a tax adviser or the tax office. Rules checked on 12 Oct 2026.<\/p><\/aside><\/div><\/section><h2 id=\"rules\">US federal rules for individuals<\/h2><div class=\"tx-rules\"><div class=\"tx-rc\"><h3>When you buy<\/h3><ul><li><strong>No federal VAT or sales tax.<\/strong> State sales tax varies: many states exempt bullion, some only above a minimum purchase.<\/li><\/ul><\/div><div class=\"tx-rc\"><h3>When you sell<\/h3><ul><li><strong>Collectibles:<\/strong> physical precious metals are collectibles under 26 U.S.C. 408(m), including bullion coins and bars.<\/li><li><strong>Held more than one year:<\/strong> taxed at your ordinary rate, but no more than 28% (IRS Topic 409).<\/li><li><strong>Held one year or less:<\/strong> taxed as ordinary income, 10% to 37%.<\/li><li><strong>Net Investment Income Tax:<\/strong> 3.8% extra if your modified AGI is above $200,000 (single) or $250,000 (married filing jointly).<\/li><li>For investors, not for dealers who sell metal as a business.<\/li><\/ul><\/div><\/div><p class=\"tx-src\"><strong>Official sources:<\/strong> <a href=\"https:\/\/www.irs.gov\/taxtopics\/tc409\" rel=\"noopener\" target=\"_blank\">IRS Topic 409, Capital gains and losses<\/a> \u00b7 <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/408\" rel=\"noopener\" target=\"_blank\">26 U.S.C. 408(m) (collectibles)<\/a> \u00b7 <a href=\"https:\/\/www.irs.gov\/taxtopics\/tc559\" rel=\"noopener\" target=\"_blank\">IRS Topic 559, Net Investment Income Tax<\/a> \u00b7 <a href=\"https:\/\/www.irs.gov\/newsroom\/irs-releases-tax-inflation-adjustments-for-tax-year-2026-including-amendments-from-the-one-big-beautiful-bill\" rel=\"noopener\" target=\"_blank\">IRS 2026 tax brackets (IR-2025-103)<\/a>. Rules checked on 12 Oct 2026.<\/p><p class=\"tx-cmp\"><a class=\"btn\" href=\"https:\/\/metalsradar.com\/en\/categories\/gold-coins\/\">Compare gold coin prices \u203a<\/a><\/p><section class=\"mrf-faq\" id=\"faq\"><h2>FAQ<\/h2><div class=\"faq-list\"><details open><summary><h3>Do you pay taxes when you sell gold?<\/h3><\/summary><div class=\"a\"><p>Yes, on the gain. Physical gold is a collectible: held more than a year, the gain is taxed at your ordinary rate up to a maximum of 28%; held a year or less, at your ordinary income rate.<\/p>\n<\/div><\/details><details><summary><h3>Is there a 28% tax on gold?<\/h3><\/summary><div class=\"a\"><p>28% is the maximum federal rate on long-term collectibles gains. If your ordinary bracket is lower, for example 12% or 22%, the lower rate applies.<\/p>\n<\/div><\/details><details><summary><h3>Is silver taxed the same as gold?<\/h3><\/summary><div class=\"a\"><p>Yes. Silver, platinum and palladium bullion are collectibles too, with the same short and long-term rules.<\/p>\n<\/div><\/details><details><summary><h3>Do you pay sales tax on gold?<\/h3><\/summary><div class=\"a\"><p>It depends on your state. There is no federal sales tax; many states exempt investment bullion, others tax it fully or only below a purchase threshold.<\/p>\n<\/div><\/details><\/div><\/section><p class=\"tx-disc\">metalsradar.com compares precious metals prices and does not sell metal. This page explains the general rules for private individuals and is not tax advice. Your tax depends on your whole situation, so check it with a tax adviser or the tax office before you buy or sell.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"hide","_kad_post_layout":"normal","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"class_list":["post-21362","page","type-page","status-publish","hentry"],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"Admin","author_link":"https:\/\/metalsradar.com\/en\/"},"comment_info":0,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/pages\/21362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/comments?post=21362"}],"version-history":[{"count":1,"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/pages\/21362\/revisions"}],"predecessor-version":[{"id":21621,"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/pages\/21362\/revisions\/21621"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/en\/wp-json\/wp\/v2\/media?parent=21362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}