Sunday, 16 January 2022

Bitcoin and taxes

I dont use BTC to invest, i make transactions. Alot of them. Doing this keeps me from paying taxes(sales tax) on the items. But thats not the reason i do it. The question is, If i buy 10,000 USD in Btc in a years time(not investing) Do i receive a penalty on my tax return, or will the irs be up my ass?

submitted by /u/Reasonable-Yoghurt14
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source https://www.reddit.com/r/btc/comments/s4rfq1/bitcoin_and_taxes/

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