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[–]AutoGrizz0 points
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...and the moment they start cracking down on it the price of XMR will shoot through the roof.
In 2014 I was messing around with crypto mining and trading, never cashed anything out, but my total holdings were less than $600 worth, I didn't not report it because I was trying to cheat the IRS, but out of sheer ignorance and lack of guidelines. 2015/2016 I didn't touch crypto... and now this year I'm back in it and its looking like I'll be claiming on this years taxes... the biggest pain is going to be figuring out the capital gains on altcoins that don't have USD pairs.
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[–] AutoGrizz ago
...and the moment they start cracking down on it the price of XMR will shoot through the roof.
In 2014 I was messing around with crypto mining and trading, never cashed anything out, but my total holdings were less than $600 worth, I didn't not report it because I was trying to cheat the IRS, but out of sheer ignorance and lack of guidelines. 2015/2016 I didn't touch crypto... and now this year I'm back in it and its looking like I'll be claiming on this years taxes... the biggest pain is going to be figuring out the capital gains on altcoins that don't have USD pairs.