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Has there been any clarification on the tax treatment of gains from trading Bitcoins? If I bought at $100 and sold at $300 is the $200 gain treated as income o
by k2enemy 13y ago
Has there been any clarification on the tax treatment of gains from trading Bitcoins? If I bought at $100 and sold at $300 is the $200 gain treated as income or capital gains?
- TheCoelacanth 13y agoWell, the SEC said that bitcoins "likely would be securities and therefore subject to our regulation", which would seem to indicate that it would be considered capital gains, rather than income. It's too early to know for sure, though.