A $100,000 Gold Gain in IAU Hands the IRS $28,000. The Same Gain in VOO Costs $15,000 Gold investor...

A $100,000 Gold Gain in IAU Hands the IRS $28,000. The Same Gain in VOO Costs $15,000 Gold investors celebrating a decade of gains may not realize the IRS treats their ETF shares like coins and jewelry, triggering a tax rule that quietly separates gold holders from equity investors at the worst possible moment.