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What are the demographics of Credit Karma users? That seems like a limited and biased sample to extrapolate that "just about everyone with Bitcoin is Lying". I
by ozten 9y ago
What are the demographics of Credit Karma users? That seems like a limited and biased sample to extrapolate that "just about everyone with Bitcoin is Lying".
I've reported BTC income to the IRS in 2014 and 2017, will do so again in 2018...
- ksherlock 9y agoIf I had BTC income (which I don't) I'd make damn sure to use an accountant so someone else has their name on the line. And I certainly wouldn't use Credit Karma (and not only because I've never heard of them).
- thisisit 9y agoYes, demographics for Credit Karma does play a role. But, given that IRS did raise under reporting as the main issue during the fight with Coinbase : n 2013, 807 individuals reported a transaction on Form 8949 using a property description likely related to bitcoin; in 2014, 893 individuals reported a transaction on Form 8949 using a property description likely related to bitcoin; and in 2015, 802 individuals reported a transaction it is a concern.