The viral panic claiming a new $3,000 reporting threshold for precious metals takes effect on February 15 is a complete fabrication with zero basis in 31 CFR 1010.330 or any recent IRS guidance. In reality, the “Streamline Act” introduced in late 2025 actually proposes tripling the current limit from $10,000 to $30,000 to account for decades of inflation, which is the exact opposite of what the rumor mill is spinning. People are ignoring the fact that these fear-based narratives are often manufactured by unscrupulous dealers to create a false sense of urgency and trick investors into overpaying for “non-reportable” assets. FinCEN and the IRS have issued no such regulation, and the federal code remains unchanged—if you aren’t dropping more than ten grand in physical paper bills, no Form 8300 is triggered, and no “secret law” is coming to change that this month.
https://www.usgoldbureau.com/news/post/tax-reporting-and-precious-metals
https://www.beneschlaw.com/resources/the-streamline-act-seeks-to-raise-reporting-thresholds-and-modernize-the-bank-secrecy-act.html#:~:text=The%20bill%20would%20raise%20the,improve%20automation%20while%20maintaining%20security.