A BTC transfer from Nicehash Internal Wallet to Coinbase BTC wallet is a non-taxable event right? It's just a relocation of property without liquidation?
Its non-taxable because its not a trade.
But if you have mined those BTC then its a taxable business income, similiar to working income. Not capital gains.
If you don't sell it or change it to another coin then correct.
IRS has release info on this. Any Sale or even transfer of asset BTC to ETH for example triggers a taxable event subject to short term cap gains if not held for a year. It blows but dems the laws...
ALSO if you are looking here on the boards for ACCOUNTING INFO you have bigger problems