Cryptocurrency Taxes

Appearing on CNBC last week, Lee referenced his recent report which calculates …

On February 13th, credit karma reported that only 0.04 percent of Americans that have already filed their 2017 taxes had claimed their cryptocurrency gains and losses. With the entire cryptocurrency market starting at $18 billion in January and growing to over $600,000 billion by the end of the year, Credit Karma expected …

U.S. households likely owe $25 billion in capital gains taxes for their …

Feb 15, 2018 … The reason for the background is because the millions of Coinbase users across the country who made gains in their cryptocurrency portfolio (or digital “wallet”') in 2017, must report their gains to Uncle Sam. Now that we are in the midst of tax season, crypto enthusiasts are scrambling to do the right thing …

Numerous cryptocurrency investors and their lawyers have interpreted the exemption to allow for the exchange of one cryptocurrency for another without an immediate tax obligation because the IRS considers cryptocurrency as “property.”

US Tax Changes And Cryptocurrency Exemptions 2018Feb 23, 2018 … "Digital currencies are all the rage today, but without proper planning they might just cause you rage come tax time," Mr. Hopkins said in an email. "Tax planning and tracking is really on the shoulders of individuals as the cryptocurrency exchanges are really not set up to help out with tax filings or tracking …

5 days ago … As with any investment, individuals venturing into the cryptocurrency space must also learn about the tax repercussions of their investment decisions. Recent events have proven that the IRS intends to take cryptocurrency taxation seriously. In Feb. 2018, for example, the popular crypto exchange Coinbase …

Cryptocurrency Tax Calculator Contents And other alt-coins Alt-coins from cryptocurrency tax calculator contents Went mad taxes procedures New tax features for its customers Help them calculate tax calculator for high school tax increases tax calculator 2018 paycheck … The announcement made on The Coinbase blog introduced the cryptocurrency tax calculator and gave guidelines on how users can …

FINANCE 2017 Taxes – We Need To Get Serious … In one of the better crypto tax threads on reddit one person expressed with acute … Crypto currency is really no …

Jan 30, 2018 · When it comes to cryptocurrency, the IRS and taxes, taxpayers should stay ahead of the game rather than be reactionary.

Nonetheless, everyone with unreported cryptocurrency income must understand all the potential ramifications of their situation. Only then can they analyze and take …

The U.S. Treasury could get a big windfall this tax season from an unlikely new …

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