4 ms·
I'd assume yes, just the same as if you sold bitcoin for USD yourself in order to pay the taxes. Ohio isn't making a claim that they're changing their official
by akerl_ 8y ago
I'd assume yes, just the same as if you sold bitcoin for USD yourself in order to pay the taxes.
Ohio isn't making a claim that they're changing their official currency to Bitcoin, any more than a site that adds Paypal support or Apple Pay support is claiming that their new currency is AppleBucks.
- baddox 8y agoFor thoroughness, it’s also just the same as if you sold anything else that’s subject to capital gains tax in order to pay your taxes, which I suspect is not a rare occurrence.