If you’ve invested in gold or silver before, you know that these types of purchases are a little different. For instance, there are several taxes and rules to take into account. Here, you’ll find all the information you need when purchasing bullion in the state of Iowa.
Iowa Sales Tax
If you're considering a bullion purchase in Iowa, you’re in luck. Iowa currently doesn’t have a state sales tax on bullion in any amount.
Iowa Capital Gains Tax
As with every other state, Iowa does have to abide by the federal capital gains tax. Your rate will depend on your income level, but the percentage will not be higher than 28%.
A truly diversified portfolio includes precious metals, so when you're planning for retirement, consider adding qualified bullion to your Self Directed IRA. Contact us to get started or visit our Precious Metals IRA page to learn how you can invest.
Looking for a Local Coin Show?
We attend a number of coin shows throughout the country each year. Here's where and when you'll find us at an expo near you.
Want to Join a Coin Club in Iowa?
Coin clubs are a great way to connect with others in your area who share your interest. We keep an updated list of local Iowa coin clubs to help you find the one closest to you.
Want to Buy Coins Locally?
Looking for somewhere nearby where you can purchase coins or other precious metal items? Check out our coin shop directory to find a place to buy coins near you.
Do you know 20 facts about Iowa?
Iowa is known for its corn fields and rolling hills, but its history and people create a culture all its own. Continue reading to learn 20 interesting facts about the Hawkeye State.