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  1. #76

    Mar 2016
    2,064
    3157 times
    All Types Of Treasure Hunting
    This whole thread is funny.
    Bunch of people arguing about what they would do IF they found a cache.
    Bet $$ these honest guys don’t add $1700 bucks to their declared income every time they find a common double eagle gold coin or a diamond ring.
    The coin goes in the safe and the ring on the wife’s finger.
    Last edited by IMAUDIGGER; Apr 03, 2018 at 09:46 PM.
    T.C. likes this.
    All treasures found with permission on private property or on active mining claims.

  2. #77
    us
    Sir

    Sep 2015
    Connecticut
    Minelab
    6,778
    3187 times
    All Types Of Treasure Hunting
    After finding single coins and jewel, and buried treasures, and if I decided to sell, I pay Connecticut and Federal income taxes. Any income is taxable, legal or illegal. Good hunting and good luck.

  3. #78

    Mar 2016
    2,064
    3157 times
    All Types Of Treasure Hunting
    So I was right.

    Really it’s nobodies business what people do as far as declaring income.
    I always follow the rules.
    T.C. likes this.
    All treasures found with permission on private property or on active mining claims.

  4. #79
    us
    "Is that a Geiger Counter?"

    Feb 2006
    South Central Upstate NY in the foothills of the headlands
    Minelab Musketeer Advantage Pro w/8" & 10" DD coils/Fisher F75se(Upgraded to LTD2) w/11" DD, 6.5" concentric & 9.5" NEL Sharpshooter DD coils/Sunray FX-1 Probe & F-Point/Black Widows/Rattler headphone
    11,061
    12131 times
    Metal Detecting
    There is an IRS statute of limitations on collecting taxes. The IRS is limited to 10 years to collect back taxes, after that, they are barred by law from continuing collection activities against you.

    But to be safe I'm following Brother Karl Mueller's (Charlie Miller's) advice. Shhhhhhhhh.


    Maybe after 25 years . . . but I took no photographs (pre me owning a digital camera) and left no lists or files so no one would believe me, anyway. ;-) Not dug, not metallic. Just a pleasant surprise cleaning out Dad's "junk".


    America was founded by tough hell-raisers. Rugged citizens who evaded taxes, spoke strongly against tyranny, grew tobacco, brewed beer, distilled spirits, and smuggled weapons. And it will be saved by those same types of citizens.

 

 
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