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A comment on IRS reminds taxpayers to report virtual currency transactions. Parent comment

Re:IRS reminds taxpayers to report virtual currency transact... by Drakim on Sunday March 25, 2018 @03:10PM (#16673919)
I assume not? That's not very common, you can't even buy most alt-coins with fiat. It's usually bitcoin for alt-coin.
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Re:IRS reminds taxpayers to report virtual currency transact... by spookthesunset on Sunday March 25, 2018 @03:29PM (#16674023)
Still doesn't change the fact that you have to pay tax on gains when you sell an asset. Doesn't matter if you sold it for USD or bartered it for alt-coins, washing machines, or shiny rocks.
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