What IRS tax form do I use to report gold and silver sales?

Public Comments

1. Go to IRS.gov (the IRS' website). I'm not sure but I think it is Form 4797. You can also print the necessary form from their website, too.
2. If this is your personal jewelry etc., you report the gain on the sale on Schedule D of Form 1040. You would not report a loss on the sale of your personal jewelry etc. If you held gold stocks, bullion, coins etc. for investment, you would report both gains and losses on Schedule D.
3. Normally you would report this on a Schedule D. There could be some exceptions based on how you held the property.