Collectible Item
Report a collectible item and income from the sales of collectible items in Part 6.
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Description
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EIF
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Value
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Income Type
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Income Amount
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Collection of “Star Wars” figures
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N/A
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$1,001 - $15,000
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capital gains
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$201 - $1,000
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Artwork
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N/A
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$500,001 - $1,000,000
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capital gains
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$50,001 - $100,000
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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 produced more than $200 in income during the reporting period.
Description: Describe 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.
EIF: Select “N/A.”
Value: Report 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 produced during the reporting period is more than $200.
Income Amount: Select the category corresponding to the total amount of income produced.
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