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Author Topic: A great primer on Taxable Income from bitcoin  (Read 442 times)
z00KB99 (OP)
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November 28, 2013, 05:28:36 AM
 #1

A great source of tax info for bitcoin miners can be found here : http://www.bitcointax.info/


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November 28, 2013, 06:15:54 AM
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Nice write up. I am very concerned about the ability to keep track of each specific BTC's lineage. If I spend a fractional BTC from my Coinbase account, am I able to specify to spend the one with the smallest capital gains amount? Otherwise, I will have to keep track of every single vintage coin in a separate address. However, Coinbase routinely moves coins around in their cold storage, and I don't know how those records are kept.
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November 28, 2013, 12:23:52 PM
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I think this defeats the whole purpose and concept behind BTC's and ALT.  Keep Uncle out of your pocket!

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