Bitcoin Taxes

A new technology is set to rocket up 8,000%

This article was first published on NerdWallet.com. Did you dabble in bitcoin in 2017, riding the cryptocurrency roller coaster that seemed to captivate the nation? You may be on the hook for taxes — no matter how you acquired or …

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Mar 26, 2018 … But if you sold bitcoin — or any other cryptocurrency — in the last year, you'll need to report the gains and losses. Here's how. 1. Reporting is on you. "Usually on sales of stocks or bonds, your brokerage firm or bank will send you a 1099 tax form," says Herron. "That's not the case for all crytpo-exchanges or …

While most of the early buzz around Bitcoin centered on it as a new, fast, cheap and permissionless method of online payment, the focus has moved from medium of exchange to store of value over the past few years. It’s clear that …

Crypto Taxes EXPLAINED! Bitcoin/Altcoins, Like-Kind Exchanges, Examples! (U.S. Specific Dec. 2017)Tax Day Is Coming: A Primer on Bitcoin and Taxes. Regulation. … There are some obstacles when it comes to filing Bitcoin taxes, Benson admits, …

Bitcoin taxes will catch many by surprise next spring when they learn their huge gains are taxable. Here’s what investors need to do before Dec. 31.

Bitcoin taxes will catch many by surprise next spring when they learn their huge gains are taxable. Here’s what investors need to do before Dec. 31.

6 days ago … Now that tax season is upon us; investors must be sure to properly report their Bitcoin Cash to the IRS.

Feb 21, 2018 … Before you jump into this explanation of how cryptocurrency affects your taxes, check out our first article in this series: Bitcoin, explained. It's been a wild ride for cryptocurrency enthusiasts over the past few months. After ascending to a high water mark of $19,205 in December 2017, the world's preeminent …

Bitcoin (BTC-USD) is down by nearly 4% to about $6,750, and all but two of the 10 largest cryptocurrencies are in the red. However, there could be more downside to come over the next week or so. Specifically, the upcoming U.S. tax …

Mar 2, 2018 … Cryptocurrencies like bitcoin may not be regulated by the government, but they're still subject to being taxed. There have been various forms of digital currencies around for years, but several have taken off in popularity recently. And that may leave some newcomers to this marketplace unaware that they …

Mar 15, 2018 … For tax collectors at the IRS, bitcoin season is upon us. today we're taking a peek at the most basic elements – the need-to-know parts – of taxes in the United States when it comes to bitcoins and other cryptocurrencies. As one Redditor found out recently, taxes on crypto could be simple – or they could be …

Bitcoin dropped sharply Monday, below $7,000 as the april tax-filing deadline approaches. Tax-related selling has been a key driver of this month’s sell-off. …

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