Tax | Bitcointalksearch.org

Electricbees

sr. member

Activity: 322

Merit: 250

We are bees, and we hate you.

I reported all USD received in exchange for BTC as other income received on my tax form last year...

I didn't WANT to, but I really don't need to be audited and lose more money over that.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: curiousone on August 16, 2012, 08:27:03 AM

And if so, would they have any recommendations on how to deal with the tax man?

Related:

- http://en.bitcoin.it/wiki/Tax_compliance

Coinoisseur

sr. member

Activity: 336

Merit: 250

If you're making significant profits from bitcoins I'd suggest consulting a tax specialist.

curiousone

member

Activity: 71

Merit: 10

It seems with some of the options available, you really can make a living out of Bitcoins these days.

Does anyone currently do this for a full time living? And if so, would they have any recommendations on how to deal with the tax man?

I'm in the UK if that makes any difference, very interested to hear peoples experiences.

Topic: Tax (Read 829 times)