How do I figure out the taxes for the extra Bitcoins? I live in US.
Because you want to know about taxes and you live in the US.
You try to learn about this, maybe this can help you to find out how much tax is issued, if you sell Bitcoin.
Cryptocurrency taxes apply in different countries and in different ways everywhere. Both at the EU level and at the G20 summits, negotiations were held on the unification of the classification and taxation of cryptocurrencies around the world, but this is either a pipe dream or a nightmare, or for many years to come true.
Topic:
Topic: [Tutorial] Crypto taxes for beginnersNote:If you don't understand how to use what is said in the above topic, you can ask about taxation in that thread, later @Ratimov will provide detailed directions for you.
Thanks for the link. Unfortunately, that link only contains the most basic of informations, like "Why you should report BTC gains". I understand the basic ins and outs of how to calculate my capital gains tax for BTC. I wish it were straight forward, buy 4 shares at $8700 each, sell 4 shares at $13,500, calculate the gains, report it, and call it a day. My situation isn't simple or straight forward.
Show Posts
