While using a metal detector at the beach during spring break, Toni uncovered some rare coins with a current fair market value of $9,000. What are her tax consequences regarding…

Question

asked Nov 24, 2020 128k views

1 Answer

Rbennell · Answer 1 · 2020-11-29T02:13:28+0000

Answer:

Toni must report the whole fair market value as his income

Step-by-step explanation:

According to the tax laws you must report the whole FMV as your income