I live in Massachusetts. When I was mining bitcoins I used: 518210: Data processing, hosting, & related services
I no longer mine bitcoins so as I sell them I am reporting my profit as capital gains.
Topic: Can Someone Help Me Identify A Business Code For Taxes For Trading Bitcoin? (Read 1510 times)
February 23, 2016, 11:07:16 AM
February 10, 2016, 01:00:35 PM
I am doing my taxes, and in the state of Massachusetts, you cannot use miscellaneous business code 999999 and e-file which is what I wanted to do. If I had a business last year that traded, invested, and offered compliance services, does anyone know what business code I could use? I was thinking of just going under a financial investments code but I'm not sure if any of you might know what I could do. The reason again why I can use 999999 is because my state wont let me e-file online using that code.
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