Re:IRS reminds taxpayers to report virtual currency transact...
by kbaker on Sunday March 25, 2018 @07:15PM
(#16675225)
Also https://bitcoin.tax, does everything for you pretty much.
Re:IRS reminds taxpayers to report virtual currency transact...
by hesdeadjim on Sunday March 25, 2018 @08:03PM
(#16675437)
Worked well for me. I imagine when most people import their trades they will be very surprised by what they owe. I had no idea (but it makes sense) that when I gave some bitcoin gifts it followed the FIFO rules despite the fact that I had just purchased some to gift.
Re:IRS reminds taxpayers to report virtual currency transact...
by Baeocystin on Sunday March 25, 2018 @05:34PM
(#16674734)
Oh, that looks useful. Thanks!
There are also tools like www.cointracker.io out there to simplify the complexity of these crypto taxation rules