3 ms·
It's not treated like a stock (or other security) by the IRS. It's treated like a foreign currency. IE it's property, not a security. They do have a FAQ page[1]
by SAI_Peregrinus 5y ago
It's not treated like a stock (or other security) by the IRS. It's treated like a foreign currency. IE it's property, not a security. They do have a FAQ page[1].
[1] https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions https://www.irs.gov/individuals/international-taxpayers/freq...