Did you know you could be claiming your tax refund in the form of Bitcoin if you are getting anything back from your federal or state taxes ?
It's true and when you think about it it could be a very smart decision this year.
For example if you where to get $1000 back and got it in Bitcoin now.
Held on to it till next years taxes
Then sold at a higher value after one year holding on to it
You would only pay long term capital gains on it which would be much lower then what you are currently paying.
Speak to your tax professional about this possibility.
Interesting indeed! I will have research this for the future; if I ever do get a refund!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
superb info
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit