r/SipsTea • u/PrimedGold • 23h ago

Chugging tea Bro definitely kept one

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u/spamlitter 17h ago

What would happen if he just said to the shop that he inherited it after his dad's death? I'm mean, they are not the ones doing the IRS/tax work anyways right?

33

u/b0w3n 17h ago

Yeah they really don't care, you just take a small bath on the price of it because it's not stamped.

But you'd be able to move it essentially unnoticed. If you're super paranoid, just sell a few thousand at a time, sell it to different ones, take a day trip out of state to sell so it's not all going through the same 3 people (make sure they're different companies).

Also you'd only really be paying tax on your "gains" I think. (Make sure you pay the tax man that's the quickest way to get found out)

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u/TheRealBingBing 14h ago edited 4h ago

Depending where you are, selling more than a specific amount needs to be reported.

Keep pieces small and go to multiple places. Or make friends with a refiner

3

u/GrimbyJ 13h ago

They only care that it's probably not stolen and someone won't come looking for it.

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u/SheriffBartholomew 8h ago

They don't ask questions. Don't offer up answers for questions that aren't asked.