Purchases since Aug. 1, 2024, are eligible for a refund
FRANKFORT, Ky. (March 28, 2025) — Those who have paid sales taxes on gold, other precious metals or collectible currency since Aug. 1, 2024, are eligible for a refund on the state taxes they paid.
The process to request a refund of eligible taxes has always existed and taxpayers need to know they do not need to file a lawsuit or go to court to get a refund – they just need to follow the online instructions. The Kentucky Department of Revenue (DOR) published these instructions on its website on March 27.
Because sales taxes are collected from retailers, refunds from the state can only be given to those retailers. It is therefore incumbent upon the consumer to work with the retailer from which they made a purchase to recoup any taxes they have paid.
The DOR is committed to helping taxpayers receive the refunds they are owed, and that can be achieved through a simple process.
Instructions for Retailers
Under the longstanding administrative process to ensure that consumers charged taxes on exempt transactions receive refunds of the over-collected tax amounts (KRS 134.580), the retailer from which an individual purchased gold, other precious metals or collectible currency should submit a refund request on behalf of the purchaser.
Retailers using the normal refund process must apply directly to the DOR for the applicable refunds by submitting a completed Sales and Use Tax Refund Application (Form 51A209). Multiple customer purchases should be included on the same refund application when possible.
Completed Sales and Use Tax Refund Applications and other documentation can be sent electronically to krc.webresponsesalestax@ky.gov.
Completed forms can also be mailed to:
Department of Revenue
Division of Sales and Use Tax
P.O. Box 181, Station 67
Frankfort, Ky. 40602-0181
Instructions for Individuals
Individual consumers seeking a refund of the sales and use tax paid on their purchase of bullion or collectible currency on or after Aug. 1, 2024, do not need to take any legal action – they should simply request a refund directly from the retailer from which they made the purchase. Each retailer may have a specific refund process to handle these requests. Consumers should be prepared to show proof of their purchase amounts and the tax charged by supplying their purchase receipts.
Refund requests sent directly to the DOR by a consumer cannot be processed. Requests must be submitted by and through the retailer.
Individuals and retailers can review full refund instructions here.
Kentucky State Law
While Kentuckians have always been able to apply for this type of refund, lawmakers recently passed House Bill 2, which would make taxpayers file a lawsuit to collect a refund. However, the DOR wants taxpayers to know that they do not need to file a lawsuit or go to court to get a refund.
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