randy
Forum Supporter
I mean, SURE ! Let's assume that G-men are looking for tax scofflaws on geeky md'ing forums. Ok.
I think it is likely that they are, but you can only prove existence by example, and you can never prove non-existence.
When I started, in 2008, old timers (of the time) talked about this, and in fact asserted that IRS agents _did monitor_ the forums for finds of significant value. What "significant value" means, I don't know; my most valuable find is worth a few thousand dollars, and no one bothered me.
I will say, that if I found a 1794 silver dollar, I would not post it here or anywhere else. The prestige points are just not worth the risk. If the admins allowed VPN posting, I would find a way, but they don't, so my family would be the only ones aware of my killer find.
Anyway, the IRS does monitor hobbies. We know this, because if a fan at a baseball stadium catches a ball that is a milestone hit for a famous player, the IRS will be in their face as the ball can have significant value to collectors (as an aside, I've always been against this; IMHO, as an economist, the tax basis of the ball should be that of a used baseball; it is not the fan's fault that it could be worth millions, and they almost always have to sell to pay the bill rather than just put the ball in their knickknack shelf). The only difference is that baseball is more popular than metal detecting, but structurally its the same concept from the point of view of the IRS.
With 87,000 new agents, it seems credible that they would create an internet monitoring unit for this purpose, if one doesn't already exist. Remember, they are now, or will be, for reporting year 2023, monitoring E-Bay, Venmo, Paypal, and other on-line marketplaces. Sell your find and they will be after you with a 1099 if it meets the value threshold (which I think is $600/year). Given this, it does not seem a stretch that they could monitor hobby forums for taxable events.
So, in short, without further actual evidence, I agree with Craig, and disagree with Tom in a general sense.