Memo - Post by FUBAR-BDHR

FUBAR-BDHR

replied 2289d

Richard knife

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.

Richard knife

replied 2289d

Usa

FUBAR-BDHR

replied 2289d

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.

Richard knife

replied 2289d

Even if I only convert it ? What about the coins here that we create ?

555