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Topic: Bitcoin Tax Questions - page 2. (Read 1608 times)

full member
Activity: 126
Merit: 100
March 26, 2014, 08:09:57 PM
#1
How would I file my taxes if I get automatic payouts of BTC.01 (around 4-6/day)? What about the fees in the Pool I mine at?

Do I declare I mined a bitcoin when it becomes 1 whole BTC, or everytime it goes in my wallet?

If I have my miners hosted, how do I go about declaring mined coins? as income? or property? what about the fees I paid to the host?

How about GH trading at CEX? How do I declare the losses/gains from trading? Are the mined coins from cloud hashing considered as income too? Can't imagine doing tax if you used trading-bots too...

I have so many more questions but I feel I should stop here for now...
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