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Author Topic: How are bitcoins taxed  (Read 432 times)
btchaver (OP)
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April 05, 2013, 05:09:45 PM
 #1

ARe they like stocks if you hold you are not taxed until transfered to cash at the end of the year etc...
deadweasel
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April 05, 2013, 05:12:39 PM
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ARe they like stocks if you hold you are not taxed until transfered to cash at the end of the year etc...

Once sold, if you are a US citizen, you are expected to pay capital gains tax. 

litemyflame
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April 05, 2013, 05:13:31 PM
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Where do you live?

If you cash in on them you will have to pay taxes in most countries.
DannyHamilton
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April 05, 2013, 05:49:36 PM
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Where do you live?

If you cash in on them you will have to pay taxes in most countries.

In the U.S. you will be expected to pay taxes even if you spend them instead of "cashing them in".
btchaver (OP)
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April 05, 2013, 06:44:50 PM
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Why cant i start a new post or reply to other post except the ones in my profile that i have luckily poted to are there limits. or what ?
DannyHamilton
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April 05, 2013, 07:31:55 PM
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- snip -
are there limits. or what ?

Yes.
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