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What does it mean to sell? People have already generated lots of taxable event when they started diversifying into other coins for example.
by tehlike 9y ago
What does it mean to sell? People have already generated lots of taxable event when they started diversifying into other coins for example.
- heimatau 9y agoYup. That is a huge question.
- sp821543 9y agoIt is my understanding that trading one for another, (BTC to ETH, for example), is a taxable event thus has to be reported.
- tehlike 9y agoYes, exactly the way i am thinking (and probably IRS will think). This is the way it happens for stocks and pretty much everything.