Federal Capital Gains Tax:

While Kansas does not have a specific tax on precious metals, it is important to note that gains from the sale of precious metals may be subject to federal capital gains tax. This tax is based on your individual tax rate and the amount of profit you make from the sale.

Taxable Products in Kansas

• Copper Products.
• Coins made from metals other than gold or silver.
• Accessory Items (holders, tubes, etc.).
• Processed Items (statues, colorized coins, etc.).

Exemptions:

• Gold Coins.
• Silver Coins.
• Palladium Bullion.
• Platinum Bullion.
• Gold Bullion.
• Silver Bullion.