Cash Out Bitcoins - Best way?

[bbit]

So what is the best way to convert your bitcoins to U.S dollars right now?

[cm68jd]

mtgox or a bitcoin atm if anyone would develop it.

[bbit]

mtgox or a bitcoin atm if anyone would develop it.

Thanks checking how it works with Mt. Gox

[dbrownson]

does anyone know if mtgox sends cashout & trade records to IRS?

[WiseOldOwl]

If it is a time thing,
https://bitcoinbux.com

You can PM me with any questions too

[bbit]

does anyone know if mtgox sends cashout & trade records to IRS?

I don't know if they do.

[bbit]

If it is a time thing,
https://bitcoinbux.com

You can PM me with any questions too

PM sent 

[Evil Juggalo]

does anyone know if mtgox sends cashout & trade records to IRS?

Doubtful.. But even if they did, currently it wouldnt link back to you unless they did a LOT of investigation..

[c0ffer]

Maybe consider cashing out a portion through alternate means?

https://bitcointalk.org/index.php?topic=46855.msg557865

[deslok]

You could use tradehill and request a check the exchange rates are ~equal but there's no fee on a check in the mail(takes 5 days though) or you could just buy thing you want directly with the coins

[Andrew Bitcoiner]

Get a Visa card for your bitcoins here: http://bitcashretail.com/visa.php 

[tqh]

does anyone know if mtgox sends cashout & trade records to IRS?

Doubtful.. But even if they did, currently it wouldnt link back to you unless they did a LOT of investigation..

I thought it would be easy, since mtgox already has your bank account info?

[mrkent]

Why not #bitcoin-otc? I just started and it was the easiest way for me. How much bitcoin are you selling?

[saethan]

wallet(btc) -> mtgox(sell btc for USD) -> Dwolla(transfer USD from mtgox) -> bank transfer involves, I think, a total of a $0.25 fee if you have a US bank account.  Plus the 3%(I think?) mtgox charges on all trades.

If I'm wrong here somebody correct me, this was my plan. 

[mtgoxCharlie]

Mt.gox is the way to go and then if you live in the states dwolla is the way to withdraw your earnings.   :Good luck