Quote from: DPoS2 on January 18, 2018, 06:01:48 PM

Quote from: minergain.com on January 18, 2018, 04:55:02 PM

Quote from: bigolin on January 18, 2018, 04:28:14 PM

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

I am totally green on all this, but my accountant shared the following reposted document.
https://www.minergain.com/forum/showthread.php?tid=13

I think there is a chance you could let is slide for 2017, but here was a reply I made regarding being stupid to report...
https://bitcointalk.org/index.php?topic=789369.msg25200495#msg25200495

And another with some guidance on how to track and report:
https://www.minergain.com/forum/showthread.php?tid=31

This is vomit inducing. What say your hard drive got destroyed and all your passwords/wallets were on there and now you have a total loss?

That happens to me right before April every year, just my luck.. along with all my gold sinking in a boating accident.. sorry, nothing to see here - move along

That's why you have a backup.