Reply To: GLD and SLV

Home Fairmark Forum Taxation of Investments GLD and SLV Reply To: GLD and SLV

#7824
ruth
Participant

Distributions of collectibles from a qualified retirement account are taxed at whatever marginal rate applies to your taxable income; they are not subject to the 28% maximum rate that applies to distributions of collectibles. If, for example, your taxable income in the year of distribution is $1 million, the distributions will be taxed at 37% (using 2020 rates).