Commentscryptotax (59)in money • 4 years agoRE: Cryptocurrency Like Kind Exchanges: What Can We Learn From Gold?Orangecryptotax (59)in taxes • 5 years agoRE: 2019 IRS Tax forms asks if you earned or own cryptocurrencyEven if a taxpayer bought and didn't sell, the box is still required to be checked YES! Technically if a taxpayer made no direct intentional transactions but involuntarily received a fork/airdrop…cryptotax (59)in cryptocurrency • 5 years agoRE: DeFi Tax Series #1 - U.S. Tax Implications of DAIAlso, if you'd like a DeFi project examined in a future installment of this series, please let me know in the comments!cryptotax (59)in bitcoin • 5 years agoRE: Crypto Tax AMA - 2019 Edition (first since new guidance came out)Thank you for the heads up, it has been a while. Technically , each 0.001 STEEM transaction is occurring on-chain and needs to be separately valued based on the exact date and time it occurred…cryptotax (59)in busy • 6 years agoRE: Monthly Crypto Portfolio Update (July 2019)EOS has the Resource Exchange for passive income. The APR at the moment is minimal 0.15%cryptotax (59)in bitcoin • 6 years agoRE: IRS is Sending Out Noncompliance LettersThat would impair certain tax positions that have been taken surrounding crypto (i.e. not having to apply the wash sale rule). Agree it's a concern.cryptotax (59)in bitcoin • 6 years agoRE: IRS is Sending Out Noncompliance LettersAgree, the treatment of systems such as Maker DAO, etc. are probably years away from being addressed.cryptotax (59)in bitcoin • 6 years agoRE: E-BookThank you! Hope all is well.cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me AnythingIt's called 199A, depending on your personal situation certain mechanical limits kick in based on W-2 wages, business assets and classification of the line of business, but some taxpayers can skip…cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me Anything@josephsavage Is your advisor helping you consider other costs deductible against Steem earnings outside of promotion (the cost of your equipment, the home office allocation if you are working from…cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me AnythingIt's interesting because the IRS came after Coinbase (who now issues Form 1099-K to individuals with significant transactions). In Notice 2014-21, it was established that payments in digital…cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me AnythingWhile I would need to read the detail on the specific programs, My perspective is - the purchase of an upvote (one-time or subscription) using Steem/SBD, this is effectively the purchase of…cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me AnythingI will have to look into this, it is fascinating. I would argue that a margin call is a maturity date and liquidation of positions would give rise to taxable events. Margin interest in typical…cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me AnythingBased on the description, this is what I would think (but I would need to review the terms 100% to be certain on this). Below is from the perspective of the borrower itself. I would say ETH-WETH…cryptotax (59)in taxes • 6 years agoRE: Bitcoin trading taxesHi, how have you been? I do enjoy the ease of use of . No need to use the referral link, but it does give you a discount of 20%. I would just point out there occasionally is some issues if you…cryptotax (59)in bitcoin • 6 years agoRE: Tax AMA - 2018 Tax Season - Ask Me AnythingHi, hope all is well! I plan to treat as a nontaxable event. The ER 20 token was a tradeable digital representation of the genesis mainnet right to EOS tokens. And folks holding EOS on exchanges…cryptotax (59)in busy • 6 years agoRE: Knocking Things Off My To Do List For Year End: Claimed my EOS!Great article. I prefer the Greymass wallet and in early days they had released a cold storage feature built in to sign transactions offline (believe it would allow an air-gap computer to function…cryptotax (59)in cryptocurrency • 6 years agoRE: My Updated (poorer) Crypto PortfolioBobby I still have a ton of respect for all the work you do. Thanks for keeping up the videos even in these rough patches.cryptotax (59)in busy • 6 years agoRE: Coinbase Continues to List More Assets but Where is #STEEM?Great article. Was Cardano also on deck for a potential listing?cryptotax (59)in bitcoin • 6 years agoRE: FBAR and Cryptocurrency - Due Tomorrow (10/15)Hi thank you for reaching out. I just returned from a trip. Do you have a discord ID or another preferred way to reach you off-chain ?
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RE: Cryptocurrency Like Kind Exchanges: What Can We Learn From Gold?
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