Mini data sheet on tax implications for cryptocurrency trading in the United States
06-13-2017, 11:18 PMQuote:Quote:
Posted by CleanSlate - Today 09:16 PM
I've been doing a terrible job at keeping records of all buy/sell events... I must have had hundreds or thousands of transactions. It's going to be a huge clusterfuck come 2018 tax time.
Is there any chance the exchanges are going to report all transactions to the IRS going back a few years? If not, maybe I can just simplify everything -- as in how many fiat dollars went in and how many came out for the calendar year?
Looks like the IRS is trying and Coinbase/some investors/a law firm are playing hardball. This is a little dense for me, maybe someone can explain in a bit better.
https://www.forbes.com/sites/kellyphilli...coin-info/