I totally agree with Chase and BOA reporting to the government. I have said this before and I'm telling you all that I have looked into this and there is NO WAY ANY BANK or other entity can withhold gains tax; you MUST deal with it on your federal tax return. Gains tax is based on a couple of things, one being your INCOME BRACKET; how would a bank have that information in order to charge you the correct tax? 2) I was never asked to give my ss number when I purchased my dinar; you will GIVE IT WHEN YOU MAKE THE EXCHANGE, it will be used by the financial institution to REPORT IT TO THE GOVERNMENT....so they have record of it when tax time comes around the next year!!!