Mining cryptos would result in earned income.
RE: The Income Tax Implications of Mining Bitcoin
You are viewing a single comment's thread from:
The Income Tax Implications of Mining Bitcoin
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
I guess steemit dollars and exchange referalls work the same way?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Earning Steemit dollars by writing posts would work the same way as exchange referrals (both result in ordinary income to the taxpayer). The timing on the articles would be when the amount is rewarded (7 days) whereas the timing on the mining would be when the coin is procured/is available to withdrawal.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
2018 should be an interesting year.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit