3 ms·
> I would be worried that the IRS would claim you should have recognized a tax gain with every trade They explicitly do consider crypto-to-crypto transactions
by bpicolo 9y ago
> I would be worried that the IRS would claim you should have recognized a tax gain with every trade
They explicitly do consider crypto-to-crypto transactions as a taxable event now, as of the recent tax bill. You are required to pay taxes on it.