Collectible Item




Report a collectible item and income from collectible items in Part 6.

#

Description

EIF

Value

Income Type

Income Amount

1

Collection of “Star Wars” figures

N/A

None (or less than $1,001)

capital gains

$201 - $1,000

2

Artwork

N/A

$500,001 - $1,000,000

capital gains

$50,001 - $100,000

For You, Your Spouse, and Your Dependent Children

Part 6

Report a collectible item if (1) the item is held for investment purposes and had a value that was more than $1,000 at the end of the reporting period or (2) the item was a source of more than $200 in income received during the reporting period.

DescriptionDescribe the nature of the collectible item, such as “rare book” or “classic car.”  You may aggregate multiple items of a similar nature as a single entry.

EIFSelect “N/A.”

ValueReport the value of the collectible item by selecting the appropriate category.

Income Type:  Specify the type(s) of income if the total amount of income received during the reporting period exceeded $200.

Income Amount:  Select the category corresponding to the total amount of income received during the reporting period.

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