Will Bitcoin taxation be enforced by the IRS?

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Topic: Will Bitcoin taxation be enforced by the IRS? (Read 544 times)

oitonioi (OP)

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Will Bitcoin taxation be enforced by the IRS?

January 18, 2014, 03:36:04 PM

Hi there, Will Bitcoin taxation be enforced by the IRS?

Kiki112

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Re: Will Bitcoin taxation be enforced by the IRS?

January 18, 2014, 03:37:59 PM

probably no,it's impossible to tax bitcoin

altough they can tax the money you withdraw to your bank account, but you can still use localbitcoins.com for hand-to-hand no tax exchanges Wink

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dhavin

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Re: Will Bitcoin taxation be enforced by the IRS?

January 18, 2014, 03:38:41 PM

Good question. Right now it's quasi anonymous BUT legally you are obligated to report income from all sources, including commodity trading, as some see bitcoin buying and selling. I hate the IRS.

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Flashman

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Hodl!

Re: Will Bitcoin taxation be enforced by the IRS?

January 18, 2014, 03:41:31 PM

Ask Capone.

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