3 ms·
I didn’t know this is the case. Source?
by christiansakai 6y ago
I didn’t know this is the case. Source?
- freeone3000 6y agohttps://www.irs.gov/irb/2014-16_IRB#NOT-2014-21 https://www.irs.gov/irb/2014-16_IRB#NOT-2014-21 It's reported as a security - other, which is laid out like the stock trades 1099. Your taxable amount is the difference in price between what you paid for the currency and what you "sold" it for (both in USD).