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Author Topic: Canadian Turbo Tax & Bitcoin income  (Read 834 times)
Cosmorph (OP)
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March 23, 2014, 08:24:21 AM
 #1

Mined some Bitcoin a couple years ago and finally sold them over the 2013 tax year. I'm looking todo my taxes in Canada with Turbo Tax.
Has anyone on this forum done this before? How should I declare the income I received and under what form?

Or should I just hit up a pro accountant?

My situation can't be that unique gotta be some of you out there that have done this before, any tips or suggestions would be appreciated.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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freedomno1
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March 23, 2014, 08:27:11 AM
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http://news.gc.ca/web/article-en.do?nid=787789

Quebec
http://www.lautorite.qc.ca/en/press-releases-2014-autre.html_2014_alert-bitcoin.html


Thread
https://bitcointalk.org/index.php?topic=77186.20

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