Buy 1 btc
Trade shit coins now have 4btc
How do i report this to Jewish overlords
>>3147059
Just monero up
But prison
>>3147059
when you turn it back into USD it counts as a capital gain
on your tax form 1099 you list the sum of your capital gains / losses for the year
if it is short term income (something you held for less than a year) it is treated as normal income and added to your other yearly income for figuring out what tax bracket you fall in
if it is long term (held over 1yr) then it is taxed at a special rate of 15%
>>3147523
t. an actual IRL jew
Alright but I did a lot of trades with alts do I need to report all of those trades that were profitable or is it just the $ difference between the initial 1btc cost and the 4btc cashout
>>3147059
go in asiza and spend it free
>>3147523
Can I get a tax break if I lose money?
>>3147108
This. Dash is good too.