FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
Yes, they are taxable. You pay tax of no more than 28% on the net profit -- selling price - costs of sale - donor's basis (what the person who gave them to you paid). Report the sale on Sch. D in the long term gains section.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.