Quote from: Viperho on January 25, 2017, 03:16:56 PM

Quote from: navydude on January 24, 2017, 05:49:07 PM

This might not be the correct place to ask but has anyone successfully deducted there rigs and expenses for mining? I have done a bit of googling but not definitive answer. Just looking for answers on how to go about it and should I even bother. Huh

I found this article helpful:

http://www.bitcointaxsolutions.com/can-i-deduct-mining-costs/

Thanks. I did find that as well. I may be best to just forget it. With standard deductions vs my costs there is some difference but with the extra income would put me somewhere i dont wanna be. (I think) Will keep looking and running numbers to see what i can come up with.