I'm starting to guess that the hashlets I've purchased with BTC are all going to be taxed at 25% (my taxable income percentage.)
The words that come to mind when I think about that are quite unsettling. Especially since I can't prove that these are even real.
So I paid for something questionably real with what some people think is "questionably" real currency. AND GET CHARGED 25%.
If it is real, then seriously no big deal. Thoughts???
The hashlets arnt taxable but the profits u admit to are. You could say the BTC you have is over a year old and it would be taxed with capital gains tax at 15.