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RMD Taxes on a Gold IRA in Texas

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Short on time? The essentials

  • A traditional gold IRA RMD is federal ordinary income; a Texas resident owes no state layer under Article 8, Section 24 of the Texas Constitution.
  • The 2026 federal brackets under IRS Revenue Procedure 2025-32 are 10, 12, 22, 24, 32, 35, and 37 percent, applied to your taxable income including the RMD.
  • Default federal withholding on an IRA distribution is 10 percent under IRS Form W-4R; you can elect a different rate or waive withholding.
  • A missed RMD triggers a 25 percent excise tax under IRC Section 4974, reduced to 10 percent if you correct the shortfall within the SECURE 2.0 correction window.
  • A Qualified Charitable Distribution (QCD) from an IRA satisfies part or all of an RMD tax-free at the federal level; the 2025 QCD cap is 108,000 dollars per person per IRS Notice 2024-80, adjusted annually for inflation.
  • An RMD raises your modified adjusted gross income and can trigger Medicare IRMAA surcharges and higher Social Security taxation in a given year.
  • Storing gold IRA metal at the Texas Bullion Depository does not change any of the RMD tax rules; storage location has no effect on federal tax.
  • A Roth gold IRA has no lifetime RMD, so no RMD tax applies to the original owner.
On this page

How a gold IRA RMD is taxed federally

A required minimum distribution from a traditional, SEP, or SIMPLE gold IRA is federal ordinary income. The full amount enters your Form 1040 as taxable income in the year you take it. Federal tax attaches at your marginal bracket, not at a special retirement rate.

The rule sits in Internal Revenue Code Section 401(a)(9), read alongside IRS Publication 590-B for the calculation mechanics. A gold IRA is a self-directed IRA under IRC Section 408. It follows the same tax framework as any other IRA once a distribution occurs.

Two features of the gold IRA do not create separate tax lines on an RMD. The 28 percent federal collectibles rate on personal gold sales under IRC 1(h)(4) does not apply inside the IRA. The dealer buyback spread on a metal sale inside the account reduces the distributable balance but is not itself a taxable event.

A Roth gold IRA is treated differently. Under IRS Publication 590-B, Table I-2, the original owner of a Roth IRA has no lifetime RMD. If your gold IRA is a Roth, no federal RMD tax applies to you during your lifetime.

What Texas residency changes on the RMD tax bill

Texas removes one line from the tax stack on the RMD. Article 8, Section 24 of the Texas Constitution prohibits a state personal income tax. Proposition 4, ratified in November 2019, tightened that prohibition by requiring a two-thirds vote in each chamber of the Texas Legislature plus a statewide referendum before it can change.

The practical effect for a gold IRA owner living in Texas is that the state tax layer on the RMD is zero. No Texas state return is filed for the distribution. No state withholding is elected on Form W-4R. No state estimated tax is due in April, June, September, or January.

The federal layer stands unchanged. Ordinary income tax on the RMD applies in full. The 25 percent excise tax on a missed RMD under IRC 4974 applies in full. Medicare surcharges tied to a higher modified adjusted gross income also apply. A Texan faces the same federal treatment as a New Yorker or a Californian.

Texas residency is a state-tax setting, not a federal tax break. It matters at the margin, especially for retirees who compare Texas to high-tax states of origin. It does not change what the IRS assesses on the distribution.

The 2026 federal brackets applied to your RMD

Federal ordinary income tax on the RMD is computed at your marginal bracket. The 2026 tax rate tables under Internal Revenue Code Section 1(j) were set by IRS Revenue Procedure 2025-32, following the changes made permanent by the One, Big, Beautiful Bill Act of 2025. The seven statutory rates for individuals are 10, 12, 22, 24, 32, 35, and 37 percent.

2026 federal income tax brackets, single and married-filing-jointly, applied to RMD income for a Texas resident
Federal marginal rateSingle: taxable incomeMarried filing jointly: taxable income
10 percentUp to 12,400 dollarsUp to 24,800 dollars
12 percent12,400 to 50,400 dollars24,800 to 100,800 dollars
22 percent50,400 to 105,700 dollars100,800 to 211,400 dollars
24 percent105,700 to 201,775 dollars211,400 to 403,550 dollars
32 percent201,775 to 256,225 dollars403,550 to 512,450 dollars
35 percent256,225 to 640,600 dollars512,450 to 768,700 dollars
37 percentOver 640,600 dollarsOver 768,700 dollars

Source: IRS Revenue Procedure 2025-32, Section 4.01, Tables 1 and 3, applying the 2026 tax rate tables under IRC Section 1(j)(2)(A) and 1(j)(2)(C). The Texas state layer is zero on every row. Checked June 2026.

The RMD is added to your other taxable income for the year. Wages, pension income, Social Security taxable amount, and other IRA distributions all combine before the bracket lookup. Only the portion of your income that sits inside a bracket is taxed at that rate; the rest is taxed at the lower brackets below it.

For 2026, the standard deduction under IRS Revenue Procedure 2025-32 Section 4.14 is 16,100 dollars for single filers and 32,200 dollars for married-filing-jointly. Retirees age 65 and older get an additional 1,650 dollars per person on top, or 2,050 dollars if unmarried and not a surviving spouse. These reduce taxable income before the brackets are applied.

Federal tax on a 20,000 dollar RMD by bracket

The chart below shows the federal tax owed on a 20,000 dollar gold IRA RMD at each 2026 federal marginal bracket, assuming the full distribution sits within one bracket. Texas adds zero state layer on every bar.

Vertical bar chart showing the federal income tax owed on a 20,000 dollar required minimum distribution from a traditional gold IRA at each 2026 federal marginal bracket for a Texas resident. At the 10 percent bracket the federal tax is 2,000 dollars. At 12 percent it is 2,400 dollars. At 22 percent it is 4,400 dollars. At 24 percent it is 4,800 dollars. At 32 percent it is 6,400 dollars. At 35 percent it is 7,000 dollars. At 37 percent it is 7,400 dollars. Texas adds zero state income tax on every bar because Article 8, Section 24 of the Texas Constitution prohibits a state personal income tax. Source: Internal Revenue Service Revenue Procedure 2025-32 for 2026 tax rate tables under Internal Revenue Code Section 1(j); Texas Constitution Article 8 Section 24. Checked June 2026. Illustrative only; the actual tax depends on total taxable income for the year and personal circumstances.
Federal income tax owed on a 20,000 dollar gold IRA required minimum distribution at each 2026 federal marginal bracket, Texas resident. The bar height equals 20,000 dollars multiplied by the marginal rate, assuming the full RMD sits within one bracket. Texas adds zero state layer on every bar. Sources: IRS Revenue Procedure 2025-32 for 2026 federal tax rate tables; Texas Constitution Article 8 Section 24. Checked June 2026. Illustrative only; consult a tax advisor for your situation.

The bracket you land in depends on total taxable income for the year, not on the RMD alone. A retired Texas couple with 60,000 dollars of pension and Social Security, taking a 20,000 dollar RMD, may cross from 12 percent into 22 percent partway through the distribution. Only the amount above the bracket threshold is taxed at the higher rate.

Federal withholding on the RMD (Form W-4R)

The IRA custodian withholds federal tax on the RMD by default. Under IRS Form W-4R and the 2018 revisions to IRC 3405, the default withholding rate on a nonperiodic IRA distribution is 10 percent. You can elect a higher rate, a lower rate, or waive withholding entirely by filing Form W-4R with the custodian.

Withholding is a prepayment of the federal tax owed on the distribution. It is not the final tax. If your marginal bracket is 24 percent and the custodian withheld only 10 percent, the balance is due at filing on Form 1040. Underwithholding may trigger a federal underpayment penalty if you do not meet the safe-harbor rules under IRC 6654.

Texas has no state withholding on IRA distributions because there is no state personal income tax. Form W-4R does not include a Texas state box. If you moved to Texas mid-year from another state, that state may still tax the portion of the RMD received while you were a resident there.

Retirees often set the withholding to match the expected marginal rate to avoid a surprise at filing. A retired Texan in the 22 percent bracket, for example, may elect 22 percent on Form W-4R rather than accept the 10 percent default. Consult your tax advisor before setting the election.

Worked example: a Houston retiree, age 78

The excise tax on a missed RMD

Missing an RMD triggers a 25 percent excise tax on the amount that should have been distributed. The rule sits in Internal Revenue Code Section 4974 and is reported on IRS Form 5329. Before the SECURE 2.0 Act of 2022, the excise rate was 50 percent, so the current 25 percent is an improvement but still expensive.

The tax is on top of the ordinary income tax you owe once you finally take the distribution. It does not replace the income tax; it adds to it. A missed 10,000 dollar RMD in the 22 percent bracket costs 2,200 dollars in income tax plus 2,500 dollars in excise, or 4,700 dollars total in the correction year.

SECURE 2.0 introduced a reduced rate. If you correct the shortfall during the SECURE 2.0 correction window and file a return reflecting the tax, the excise rate drops from 25 percent to 10 percent. The correction window generally runs until the end of the second taxable year after the RMD was due, per IRS Publication 590-B.

The IRS can waive the excise tax entirely if the missed RMD was due to reasonable error and you have taken steps to remedy the shortfall. You file Form 5329 with a statement of explanation. The waiver is granted case by case; it is not automatic. Texas residency has no effect on either the excise rate or the waiver.

Texas vs high-tax states: what the wedge is worth

The Texas state wedge on the RMD depends entirely on where the retiree would otherwise live. Against a no-state-tax neighbor like Florida or a low-tax state, the wedge is small. Against California, New York, or New Jersey, it is meaningful. The table below shows the state layer on a 20,000 dollar RMD for a resident of five sample states.

State income tax layer on a 20,000 dollar gold IRA RMD, five states, illustrative single filer
State of residenceState income tax on IRA distributionsIllustrative state tax on the 20,000 dollar RMD
TexasNone (Texas Constitution Article 8, Section 24)0 dollars
CaliforniaFully taxable at state ordinary rates up to 13.3 percent top rate under Franchise Tax Board Publication 1005Approximately 1,860 dollars at the 9.3 percent middle bracket, higher at the top bracket
New YorkFully taxable; first 20,000 dollars per year of qualifying private retirement income is exempt under NY Tax Law Section 612(c)(3-a) for taxpayers age 59.5 or older0 dollars if the RMD falls within the 20,000 dollar exemption and the taxpayer qualifies; taxable at 4 to 10.9 percent above that
IllinoisDistributions from a qualified retirement plan are excluded from Illinois base income under 35 ILCS 5/2030 dollars for qualified IRA distributions
OregonFully taxable at state ordinary rates up to 9.9 percent under ORS Chapter 316Roughly 1,780 dollars at the 8.9 percent bracket

Sources: Texas Constitution Article 8 Section 24. California Franchise Tax Board Publication 1005 on pension and IRA distributions. New York Tax Law Section 612(c)(3-a) and NY Department of Taxation Publication 36 on retirement income. 35 Illinois Compiled Statutes 5/203(a)(2)(F) retirement subtraction. Oregon Revised Statutes Chapter 316. State rates and thresholds change year to year. Verify current-year rates before applying. Checked June 2026.

A retiree comparing Texas to California on the same 20,000 dollar RMD sees a several-thousand-dollar difference on the state line alone. The federal line stays the same in both places. A retiree comparing Texas to Illinois on qualifying IRA income may see no state wedge at all, because Illinois already exempts qualified retirement plan distributions.

The comparison matters most for retirees planning a move for tax reasons. Consult a state-specific tax advisor before relocating; residency rules, part-year filing, and source rules can complicate the year of the move.

RMDs, Social Security taxation, and Medicare IRMAA

The RMD amount lands in your federal adjusted gross income and, after the SS taxability formula, in your modified adjusted gross income. Two Medicare and Social Security effects can follow, both federal and both unaffected by Texas residency.

First, the RMD raises provisional income for Social Security taxation. Under IRC 86, up to 85 percent of Social Security benefits become taxable once provisional income exceeds 34,000 dollars for a single filer or 44,000 dollars for a couple. A single Texan taking a 20,000 dollar RMD on top of 30,000 dollars of Social Security can shift a large share of the benefits into taxable income.

Second, the RMD raises modified adjusted gross income for the Medicare Income-Related Monthly Adjustment Amount. Above certain MAGI thresholds set by CMS each year, Medicare Part B and Part D premiums are surcharged for a 12-month period, two years after the tax year. A one-year RMD spike can raise premiums two years later.

Texas cannot reduce either federal effect. Planning around them typically involves smoothing distributions over multiple years, or converting to a Roth in lower-income years to eliminate future RMDs. A retiree who plans a large one-year distribution should model the two-year-out IRMAA impact with a tax advisor before taking the RMD.

The Qualified Charitable Distribution route

A Qualified Charitable Distribution lets an IRA owner age 70.5 or older transfer up to a capped amount directly from the IRA to a qualified public charity, tax-free at the federal level. The QCD counts toward the RMD for the year, dollar for dollar, up to the RMD amount. This is one of the few legal ways to satisfy the RMD without paying federal tax on it.

The QCD cap is indexed for inflation under SECURE 2.0 Section 307. For tax year 2025, the cap is 108,000 dollars per person, per IRS Notice 2024-80. The IRS adjusts the cap each year; confirm the current-year cap before making a QCD. A married couple can combine two QCDs of up to the annual per-person cap each.

Because a QCD is excluded from federal gross income under IRC 408(d)(8), it does not raise adjusted gross income. That has downstream effects: it can reduce Social Security taxation on the same year, keep MAGI below IRMAA thresholds, and preserve deductibility of items tied to AGI. The Texas layer is already zero, so the QCD benefit is fully federal.

The QCD must go directly from the IRA custodian to the charity; a distribution to the owner first, then donated, does not qualify. Only traditional and inherited IRAs support the QCD in most cases; a QCD from a SEP or SIMPLE IRA is limited to inactive accounts. Consult your tax advisor before instructing a QCD; documentation and custodian coding matter.

How to compute and report the federal tax on your RMD

  1. Confirm the RMD amount. Divide your gold IRA balance on December 31 of the prior year by the applicable denominator from Table III (Uniform Lifetime) in Appendix B of IRS Publication 590-B. The custodian typically prepares this figure.
  2. Add the RMD to your other 2026 income. Include wages, pension income, taxable Social Security benefits, other IRA distributions, and interest or dividends. The total drives your marginal bracket.
  3. Subtract the 2026 standard deduction. For a single filer the deduction is 16,100 dollars; for MFJ it is 32,200 dollars. Retirees age 65 or older add 1,650 dollars per person (or 2,050 dollars for an unmarried non-surviving-spouse filer), per IRS Revenue Procedure 2025-32 Section 4.14.
  4. Look up the marginal bracket. Use IRS Revenue Procedure 2025-32 Section 4.01 tables. The 2026 rates are 10, 12, 22, 24, 32, 35, and 37 percent, with different bracket thresholds by filing status.
  5. Elect federal withholding on Form W-4R. The default is 10 percent. If your projected marginal bracket is higher, elect a matching rate to avoid an April underpayment penalty. Texas has no state withholding to elect.
  6. Consider a Qualified Charitable Distribution. If you are age 70.5 or older and plan to donate, a QCD up to the annual cap can satisfy the RMD tax-free at the federal level under IRC 408(d)(8).
  7. Report the distribution on Form 1040. Include the amount from Form 1099-R Box 1 as taxable IRA income on your federal return. Texas requires no state return for personal IRA income.
  8. Complete Form 5329 if a shortfall applies. If any RMD was missed, compute the 25 percent excise tax on Form 5329, or claim the SECURE 2.0 reduced 10 percent rate with a corrective distribution, or request a waiver with a statement of explanation.

Tax forms and reporting: 1099-R and 5329

Two IRS forms carry most of the RMD reporting for a gold IRA. Form 1099-R reports the distribution itself. Form 5329 reports the excise tax on any missed or shortfall RMD. The custodian issues Form 5498 separately for the year-end balance used to compute next year's RMD.

Form 1099-R Box 1 shows the gross distribution. Box 2a shows the taxable amount. Box 4 shows any federal income tax withheld under your Form W-4R election. Box 7 shows a distribution code. For a normal RMD after age 59.5, the code is 7. For an early distribution with no known exception, the code is 1. Box 14 covers state tax withheld; for a Texas resident, this is 0 because there is no state tax.

Form 5329 is filed with Form 1040 only if an RMD was missed or shortfall exists. Part IX computes the 25 percent excise tax under IRC 4974. Under SECURE 2.0, the rate drops to 10 percent if the shortfall is corrected within the correction window. A waiver claim is made in Part IX by writing "RC" (reasonable cause) on the shortfall line and attaching a statement.

The Texas Comptroller does not require any state form for personal IRA income. There is no Texas equivalent of Form 5329 to file. That reduces the paperwork burden at the state level compared to a resident of a high-tax state.

Estimate your RMD with the calculator

The calculator below applies the Uniform Lifetime Table divisor for the age you enter and computes an estimated RMD. Multiply the result by your federal marginal bracket to estimate the federal tax; Texas adds zero on top. This is a starting point, not tax advice.

Texas gold IRA required minimum distribution (RMD) estimator

Once required minimum distributions begin (age 73 now, 75 starting 2033), you divide last year-end balance by an IRS life-expectancy factor. Texas charges no state income tax, so the result is taxed only at the federal level. You can take a gold IRA RMD in cash or in metal.

Estimate only, not tax advice. Uses the IRS Uniform Lifetime Table (most owners). A spouse more than 10 years younger and sole beneficiary uses a different table. Roth IRAs have no lifetime RMD. Sources: IRS Publication 590-B (Table III); IRS RMD FAQs. Consult your tax advisor.

When paying the RMD tax as-is is a bad idea

The federal tax on an RMD is straightforward for most Texas retirees. There are cases where paying it as-is, without adjusting the plan, leaves money on the table or triggers avoidable federal costs. We list them without a CTA attached.

You give to charity every year anyway. If you already donate 5,000 dollars a year to a qualified charity, redirecting that donation through a Qualified Charitable Distribution can cover part of the RMD without adding to federal income. A cash donation after an RMD is only deductible if you itemize, which most retirees no longer do after the 2018 standard deduction increase.

The RMD pushes you into IRMAA territory. A one-year RMD spike can raise Medicare Part B and Part D premiums two years later. A staged Roth conversion strategy in prior lower-income years, or a QCD in the RMD year, can smooth MAGI enough to stay below the surcharge threshold.

You take Social Security and the RMD in the same year without checking taxability. An RMD can push 85 percent of Social Security benefits into taxable income under IRC 86 provisional-income rules. Coordinating the timing (start Social Security later, take a smaller RMD earlier via Roth conversions) can lower total federal tax.

You accept 10 percent federal withholding when your bracket is 24 percent. The 10 percent default on Form W-4R is not the final tax. If your marginal bracket is higher, underwithholding may trigger a federal underpayment penalty under IRC 6654. Elect a rate closer to your bracket.

You plan a large Roth conversion the same year as the RMD. A conversion is a separate distribution and does not satisfy the RMD. You must take the RMD first, then convert. Doing both in one year can stack income and push you into a higher bracket for both.

You just moved to Texas mid-year. A part-year resident of a state that taxes IRA income may still owe state tax on the RMD taken while resident there. The Texas layer is zero only for the portion received after your Texas residency began.

Gold IRA RMD tax FAQ

How is a gold IRA RMD taxed in Texas?

A traditional, SEP, or SIMPLE gold IRA RMD is federal ordinary income at the owner's marginal bracket. Texas has no state personal income tax under Article 8, Section 24 of the Texas Constitution, so the state layer is zero. The 2026 federal rates under IRS Revenue Procedure 2025-32 are 10, 12, 22, 24, 32, 35, and 37 percent.

Is there any state tax on my gold IRA RMD if I live in Texas?

No. Texas does not impose a state personal income tax. There is no Texas state return to file for personal IRA distributions, no state withholding to elect on Form W-4R, and no Texas equivalent of Form 5329. The rule sits in Article 8, Section 24 of the Texas Constitution.

What is the default federal withholding on my gold IRA RMD?

The default federal withholding on a nonperiodic IRA distribution is 10 percent under IRS Form W-4R and IRC 3405. You can elect a higher rate, a lower rate, or waive withholding by filing Form W-4R with the custodian. Underwithholding can trigger a federal underpayment penalty at filing.

What happens to the tax if I miss my gold IRA RMD?

Missing an RMD triggers a 25 percent excise tax on the shortfall under IRC 4974, reported on Form 5329. Under SECURE 2.0, the rate drops to 10 percent if you correct the shortfall within the correction window and file a return reflecting the tax. The IRS can waive the excise tax entirely for reasonable cause with a statement of explanation.

Does a Qualified Charitable Distribution reduce the tax on my RMD?

Yes. A QCD directly from a traditional IRA to a qualified public charity, up to the annual cap, satisfies the RMD dollar-for-dollar and is excluded from federal gross income under IRC 408(d)(8). The 2025 QCD cap is 108,000 dollars per person per IRS Notice 2024-80; the IRS adjusts the cap for inflation each year. The QCD is available to owners age 70.5 or older.

Does storing my gold IRA metal at the Texas Bullion Depository change the RMD tax?

No. The RMD tax rules are federal and depend on the account structure and the owner's marginal bracket, not on storage location. Whether the metal sits at the Texas Bullion Depository in Leander, Delaware Depository, or Brinks Salt Lake City, the federal tax on the distribution is identical for a Texas resident. Texas adds no state layer in any case.

Does taking my RMD as physical metal instead of cash change the federal tax?

No. An in-kind distribution of metal is taxed at fair market value on the distribution date and enters Form 1099-R Box 2a as federal ordinary income. The tax outcome is the same whether the custodian sells metal for cash inside the IRA and distributes cash, or ships the metal directly. Shipping and outbound insurance costs are borne personally after the distribution.

How does the RMD affect my Social Security and Medicare?

The RMD raises federal adjusted gross income. Under IRC 86, up to 85 percent of Social Security benefits become taxable once provisional income exceeds 34,000 dollars for a single filer or 44,000 dollars for a couple. The RMD also raises modified adjusted gross income for Medicare IRMAA surcharges applied two years later. Both effects are federal and apply to Texas residents.

Sources

  1. Internal Revenue Service. Publication 590-B: Distributions from Individual Retirement Arrangements (IRAs), including Appendix B (Uniform Lifetime Table). irs.gov/publications/p590b. Checked June 2026.
  2. Internal Revenue Service. Revenue Procedure 2025-32, 2026 Adjusted Items, Section 4.01 Tax Rate Tables and Section 4.14 Standard Deduction. irs.gov/pub/irs-drop/rp-25-32.pdf. Checked June 2026.
  3. Internal Revenue Code Section 4974. Excise tax on certain accumulations in qualified retirement plans. uscode.house.gov Title 26 Section 4974. Checked June 2026.
  4. Internal Revenue Code Section 401(a)(9). Required distribution rules for qualified plans and IRAs. uscode.house.gov Title 26 Section 401. Checked June 2026.
  5. Internal Revenue Code Section 408(d)(8). Qualified Charitable Distributions from IRAs. uscode.house.gov Title 26 Section 408. Checked June 2026.
  6. Internal Revenue Code Section 86. Taxation of Social Security benefits and provisional income thresholds. uscode.house.gov Title 26 Section 86. Checked June 2026.
  7. Internal Revenue Code Section 3405. Federal withholding on retirement and pension payments; nonperiodic distributions. uscode.house.gov Title 26 Section 3405. Checked June 2026.
  8. Internal Revenue Service. About Form W-4R, Withholding Certificate for Nonperiodic Payments and Eligible Rollover Distributions. irs.gov/forms-pubs/about-form-w-4-r. Checked June 2026.
  9. Internal Revenue Service. Instructions for Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts. irs.gov/forms-pubs/about-form-5329. Checked June 2026.
  10. Internal Revenue Service. About Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans. irs.gov/forms-pubs/about-form-1099-r. Checked June 2026.
  11. Public Law 117-328, Division T (SECURE 2.0 Act of 2022), Sections 107 and 302 on RMD age and excise reduction, and Section 307 on the QCD inflation adjustment. congress.gov SECURE 2.0 text. Checked June 2026.
  12. Public Law 119-21 (One, Big, Beautiful Bill Act of 2025), Sections 70101 and 70102 making the seven-rate individual tax structure and expanded standard deduction permanent. congress.gov Public Law 119-21. Checked June 2026.
  13. Internal Revenue Service. Notice 2024-80: 2025 Inflation Adjustments for Retirement Plans, setting the 2025 QCD annual limit at 108,000 dollars per person. irs.gov/pub/irs-drop/n-24-80.pdf. Checked June 2026.
  14. Texas Constitution, Article 8, Section 24. Prohibition on state personal income tax without voter approval. statutes.capitol.texas.gov Texas Constitution Article 8. Checked June 2026.
  15. Texas Legislative Reference Library. Proposition 4 (November 2019 election), tightening the constitutional bar on a state personal income tax. lrl.texas.gov constitutional amendments. Checked June 2026.
  16. Texas Comptroller of Public Accounts. Texas Bullion Depository program overview. comptroller.texas.gov depository program. Checked June 2026.

By the Harry’s Coins Editorial team. Last reviewed June 2026.