Taxes, Reporting & IRAs (General Information Only)
Sales tax on precious metals depends on your shipping destination, product types, and your state’s specific exemptions or thresholds. Our system or your AGE representative will calculate any required sales tax at the time of quote or checkout so there are no surprises.
Dealers may be required to file certain reports in specific situations, such as particular payment types or certain kinds of sales back to the dealer. These rules are narrow and technical, and AGE can explain the general framework, but only your tax professional can advise how they apply to you.
Selling metals at a profit may create tax obligations—often treated as capital gains or collectible gains in many jurisdictions. The specifics depend on your personal situation, how long you held the metals, and current tax laws, so you should consult a tax advisor.
Yes. Certain IRS‑approved bullion coins and bars can be held in a self‑directed IRA when purchased through an appropriate custodian and stored at an approved depository. AGE can help you identify IRA‑eligible products and coordinate with your custodian and depository.
Generally, IRA‑eligible products must meet specific purity requirements and be produced by approved mints or refiners. We can help you identify which items on Amergold.com qualify for IRA use.
The basic steps are:
- Open or use a self‑directed IRA with a custodian that allows precious metals.
- Fund the IRA or roll over/transfer funds from another retirement account.
- Work with AGE to select IRA‑eligible products.
- Have your custodian arrange payment to AGE and shipment to an approved depository.
AGE helps you choose metals and supplies them at agreed prices. Your IRA custodian handles account administration, payments from the IRA, and arranging storage at an approved depository. We work with your custodian, so the process stays coordinated.
Transferring metals you already personally own into an IRA can be complex and may not always be allowed under IRS rules. You should speak with your IRA custodian or tax professional to understand your options.
No. Any information AGE provides about taxes, reporting, or IRAs is for general educational purposes only. You should rely on qualified tax, legal, or financial professionals for specific advice about your situation.