Actually consistent hereReader comment on: IRS To Tax Bitcoins Submitted by Lyle (United States), Mar 25, 2014 20:27 Bit coin is treated as if you were a gold miner, I.E. you would pay tax on the amount mined less expenses. If your an investor, its will be treated just like a stock or bond. If paid wages it is just like being paid in yen or Euros or any other currency. Very consistent treatment. Note: Comments are moderated by the editor and are subject to editing. Comment on this item |
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