RE: Why Bitcoin Investors Must Report Gains to the IRS

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Why Bitcoin Investors Must Report Gains to the IRS

in bitcoin •  7 years ago 

Hi @mkdmrs, I think it is only assessed when you withdraw from investment and question comes how much profit or loss. For profit you have to pay tax. For loss it may not be counted. However during investment period you have to declare the investment amount or portfolio. please consult with tax man.

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