3 ms·
CmdrSprinkles is incorrect: at least in the United States, mining and other forms of receiving Bitcoins are no different in principle from receiving large quant
by spaceheeder 10y ago
CmdrSprinkles is incorrect: at least in the United States, mining and other forms of receiving Bitcoins are no different in principle from receiving large quantities of other non-dollar goods or currencies that have an estimable dollar value.
The Bitcoin wiki article on this is incomplete, but informative[0].
[0]: https://en.bitcoin.it/wiki/Tax_compliance#Are_bitcoins_taxable_if_I_earned_them_by_doing_a_service_for_someone_else.2C_or_received_them_in_exchange_for_something.3F https://en.bitcoin.it/wiki/Tax_compliance#Are_bitcoins_taxab...