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Speaking of which...for an American citizen, is moving coins to dollars taxed at a capital gains rate? How can the government know how much value was accrued?
by aswanson 9y ago
Speaking of which...for an American citizen, is moving coins to dollars taxed at a capital gains rate? How can the government know how much value was accrued?
- modeless 9y agoYes. Same as any other capital gains, they trust you to report it, and audit you if they don't believe you.