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    i bought gold for 50,041.53 and sold it for 31000.00 can i claim it on my taxes as a loss

    0  Views: 330 Answers: 2 Posted: 12 years ago

    2 Answers

    Where in the word would you lose money on gold? Everything I've seen has been gold prices going up!

    Clonge

    You never heard the expression, "Buy high and sell low"? (lol)In any event, if it did take such a tumble, it was a long time ago, far too long to file amended US and state, (assuming she has US responsibility), if applicable, Income Tax returns.

    Taxes where?



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