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https://www.bizfilings.com/toolkit/research-topics/managing-your-taxes/federal-taxes/irs-cautions-bartering-transactions-are-taxable-transactions https://www.bi
by lsc 9y ago
https://www.bizfilings.com/toolkit/research-topics/managing-your-taxes/federal-taxes/irs-cautions-bartering-transactions-are-taxable-transactions https://www.bizfilings.com/toolkit/research-topics/managing-...
What I'm saying is that trading btc for ltc is barter- and it is taxible.
- tlarkworthy 9y agoLol this misunderstanding is exactly why everyone will suddenly realize they need liquidity before tax day.
- lsc 9y agothe general rule "If you can afford an accountant, you should probably hire one" applies generally, and keeps you out of a lot of trouble.