rewrite this title in 20 words or less (do not provide multiple options): The IRS Treats Age 65 Differently For Silver Owners — Most Find Out Too Late!
It's actually a higher amount than you state to trigger a medicare event. One dollar over tier one is $85/month more. 202+85. It gets worse at age 73 with RMD.
Your threshold from the sale of any security not just silvervthats puts your income over 109k I believe is what triggers the Medicare increase. I question the intent of saying silver causes this. Like care you trying to dissuade people from buying and selling silver?
Nonsense. If you're selling Silver CURRENCY, they can not tax you anything and you can fight it in Court and WIN! Otherwise, you could file losses when Currency goes down.
People have a right to not incriminate themselves.irs is committing treason every time they break there oath to protect and uphold the constitution.don’t trust anyone willing to commit a felony to write you up for a misdemeanor
Taxation of what is Constitutional money is abhorrent. A definition of "money" is a STORE OF VALUE which our "debt" notes evaporate at the behest of politicians. It is theft of value and defiance of our Constitutional rights as stated. Obscene. The Constitution states only Gold and Silver are money. We live in unbearable times. Let us pray the future and our choices of representation serves the people rather than Corporate bribe schemes. Jmo.
Not correct, they adjust you medicare the next year and it is adjusted based on AGI (adjusted gross income), for a 56K profit you will have to pay nothing additional, you have to pay when your AGI is over $109K per year, I know as my medicare started costing me $521 per month cause my AGI was $201K so they adjusted, I have the tables right in front of me, this AI is BS. I believe that your SSI should not be adjusted based on AGI, they tax the person based on the tax tables, but to add another tax by raising the medicare rate is totally unfair.
Time for a class action lawsuit against the IRS, Medicare, govt from the Boomers. Hypocrisy at its finest. They need to hand over the money or provided services that we paid into throughout the years.
Call your federal congressman and demand it’s not a collectible and needed for manufacturing required for national security and they want you to sell it no tax on precise metals to save the nations superity as the global leader
Thievery, inflation has made our dollar worth s*** that is called robbery and it is unconstitutional to make anyone pay that holds real money as far as Social security that is our money and not their money they owe us for the money they took from us throughout the years and much more do they owe us because they devalued that money. Satan is a lier and a thief and the Lord said : Let them steal no more. THE LORD God ALMIGHTY will Judge all matters pertaining to those who steal from those who have robbed the Nation's for they shall not escape. Come LORD of hosts and rid us of the Evil one that hates you and your Children Father .
You have to be completely unaware at this age not to understand thresholds and deductions and how your lifestyle fits in to the scheme of things. Your introduction is like listening to a tabloid publication. Try introducing reality with care so someone who might need more awareness doesn't have to have a heart attack first. Click bait all the way. Nothing like AI to dehumanize society.
Curious when IRS is shutdown and gold and silver are made as legal tender in your state what effects can take place?
Ban the surcharges!!! We need to protest!!!!
The government is there to SCREW you every chance they get !!!!!!!
Magaii? What is that? However it is spelled?
Take the silver sale in cash from the coin shop. Do not use a bank.
It's actually a higher amount than you state to trigger a medicare event. One dollar over tier one is $85/month more. 202+85. It gets worse at age 73 with RMD.
Your threshold from the sale of any security not just silvervthats puts your income over 109k I believe is what triggers the Medicare increase. I question the intent of saying silver causes this. Like care you trying to dissuade people from buying and selling silver?
Nonsense. If you're selling Silver CURRENCY, they can not tax you anything and you can fight it in Court and WIN! Otherwise, you could file losses when Currency goes down.
Only if it pushes your income over $200,000/yr. It’s a good problem to have. Stop scaring people.
Pretty crappy way to treat seniors.
People have a right to not incriminate themselves.irs is committing treason every time they break there oath to protect and uphold the constitution.don’t trust anyone willing to commit a felony to write you up for a misdemeanor
Taxation of what is Constitutional money is abhorrent. A definition of "money" is a STORE OF VALUE which our "debt" notes evaporate at the behest of politicians. It is theft of value and defiance of our Constitutional rights as stated. Obscene. The Constitution states only Gold and Silver are money. We live in unbearable times. Let us pray the future and our choices of representation serves the people rather than Corporate bribe schemes. Jmo.
You take too long , get to the point
Nice AI slop 3:35
do not trust this website get a certified accountant
Not correct, they adjust you medicare the next year and it is adjusted based on AGI (adjusted gross income), for a 56K profit you will have to pay nothing additional, you have to pay when your AGI is over $109K per year, I know as my medicare started costing me $521 per month cause my AGI was $201K so they adjusted, I have the tables right in front of me, this AI is BS. I believe that your SSI should not be adjusted based on AGI, they tax the person based on the tax tables, but to add another tax by raising the medicare rate is totally unfair.
Don't be dumb.Do it in cash both ways. Thats what metal is all about. Privacy
Is this still true at age 67, full retirement age, when there should be no income tax liability???
Time for a class action lawsuit against the IRS, Medicare, govt from the Boomers. Hypocrisy at its finest. They need to hand over the money or provided services that we paid into throughout the years.
Never sell $10,000 of silver or more in a 24 hr period. If the buyer starts asking for personal info walk away
Does this also apply to gold?
Good point thankis
What about 72?
No ai advice for me…
More bullshit AI slop
If your silver is in your IRA it will be taxed on withdrawal at the normal tax rate. Not 28%. Your gains are not taxed either. Thank you
Call your federal congressman and demand it’s not a collectible and needed for manufacturing required for national security and they want you to sell it no tax on precise metals to save the nations superity as the global leader
How many times do we have to tell you? Your silver was lost in a boating accident, Grandpa!
Who cares..IRS is illegal, totally unconstitutional, its demise is very close…
AI Guy is all over the place and it speaks 1/2 truths.
WE THE PEOPLE ARE AMERICAN'S AND WE ARE NOT TO BE TAXED PERIOD.
Thievery, inflation has made our dollar worth s*** that is called robbery and it is unconstitutional to make anyone pay that holds real money as far as Social security that is our money and not their money they owe us for the money they took from us throughout the years and much more do they owe us because they devalued that money. Satan is a lier and a thief and the Lord said : Let them steal no more. THE LORD God ALMIGHTY will Judge all matters pertaining to those who steal from those who have robbed the Nation's for they shall not escape. Come LORD of hosts and rid us of the Evil one that hates you and your Children Father .
You can take out a loan using your silver as collateral that is not income
You have to be completely unaware at this age not to understand thresholds and deductions and how your lifestyle fits in to the scheme of things. Your introduction is like listening to a tabloid publication. Try introducing reality with care so someone who might need more awareness doesn't have to have a heart attack first. Click bait all the way. Nothing like AI to dehumanize society.
Thanks
Bullshit