Post
Topic
Board Mining (Altcoins)
Re: if you are supposed to pay tax on mining profit how about expenses?
by
ggbtctalk000
on 21/02/2018, 21:33:19 UTC
What gets me most is not the fact I have to pay tax or reasonable tax rate, it is complication and vagueness and time-consuming aspect of filing a crypto tax. For conventional income I finished my tax last few years within 1-2 hours of time using taxact software in which it does everything for me for flat fee of around 50-100$. Much faster and convenient, but for crypto, hell no!!