Ardor Tax Question

[Enjorlas]

I received Ardor for holding NXT last year and I traded it for Bitcoin. Do I treat the resulting gain as income or as a capital gain? I live in the US.

[criptix]

Pay 50$ and Ask your tax adviser...

[Enjorlas]

What I am leaning towards doing is treating it as an income of $0. When I acquired Ardor it wasn't being traded anywhere and basically had a price of zero.

[Enjorlas]

Either that or treat them as capital that were bought for $0.