Nice video taco. I was just sitting wondering that very question of taxes and crypto currency. Right now it’s something I don’t have to worry about since I’m messing around with basically ten bucks but It’s useful knowledge.
RE: Is Transfering Funds From Coin To Coin A "Taxable Event".....???
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Is Transfering Funds From Coin To Coin A "Taxable Event".....???
yea im barely scratching the surface myself and as most people are looking how to invest and gain, I feel a large percentage of those people are failing to look at this end of the crypto world.. interesting stuff going on daily. 2018 will be a groundbreaking law making year for the exchanges, alt coins, wallets like coinbase ect
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Just wait when most of the people speculating and trying to trade in and out take big losses. It goes both ways. If you have a gain, taxes. If you have a loss, it offsets your other regular income to reduce your taxes.
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