The Taxation of Cryptocurrency Simplified with Examples

in #dlike • 5 years ago

Shared From Dlike

The IRS addressed the taxation of cryptocurrency transactions in Notice 2014-21, which provides that cryptocurrency is treated as property for federal tax purposes. Therefore, general tax principles that apply to property transactions must be applied to exchanges of cryptocurrencies as well.


Source of shared Link

#dlike-cryptocurrency #cryptocurrency
5 years ago in #dlike by
$0.00
  • Max accepted payout: $900.00
9 votes
Reply 0

Coin Marketplace

STEEM 0.30
TRX 0.11
JST 0.033
BTC 63968.82
ETH 3136.80
USDT 1.00
SBD 4.28