How To Do Taxes For Bitcoin: Cryptocurrency

How To Do Taxes For Bitcoin: Cryptocurrency


I tried to call the IRS….4 times. No luck. I decided to hunt around on my own. This is what we got. The IRS wants every single transaction calculated to US Dollars. Buying and selling on exchanges, buying goods and services with crypto, and even coin-to-coin exchanges. In short, virtually everything is taxable and you must keep track of everything. including mining, which is considered a business income. good luck!

https://www.coinbase.com/reports

https://www.irs.gov/newsroom/irs-virtual-currency-guidance

https://www.forbes.com/sites/greatspeculations/2018/01/09/cryptocurrency-traders-owe-massive-taxes-on-fat-gains-in-2017/#33984eb85472

https://cointracking.info/

Sign up with coinbase. buy or sell 100 dollars in crypto currency and get 10 dollars of bitcoin for free with this link to coinbase.
https://www.coinbase.com/join/59ab37900671d100b3c25cc5

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