Figuring out these bitcoin taxes is causing me to pull my hair out omg. I thought if I only had a small amount I didn't have to claim ? Or yes ? Omg
Depends on where you live.
Usa
Then unfortunately yes every time you sell or spend it then it's taxable. Some gifts apparently aren't but don't take that as tax advice.
Even if I only convert it ? What about the coins here that we create ?
So what do I claim sell, convert, or rewards, or all the above
If you only had a small amount, then why are you having such a problem?
