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Yes, but the memo you quote is fairly recent. Before that, the prevailing guidance seemed to be that bitcoin should be treated as currency, not property. So a
by czep 9y ago
Yes, but the memo you quote is fairly recent. Before that, the prevailing guidance seemed to be that bitcoin should be treated as currency, not property. So as of what date does this rule take hold?
- adventured 9y agoThe IRS specification on Bitcoin has been set for five tax years now, including for 2013. https://www.coindesk.com/internal-revenue-service-treat-digital-currencies-property/ https://www.coindesk.com/internal-revenue-service-treat-digi...