Post
Topic
Board Pools
Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG
by
wavelengthsf
on 08/04/2018, 14:45:36 UTC

1 BTC = 1 BTC

Just use the income tax % on the total amount of bitcoin, send that to the IRS Smiley

Or, you could live in a jurisdiction that doesn't tax capital gains...

Other people can do whatever hand waving and fancy tax tricks they want. I recognize a block reward as income once it hits 101 confirms and is sent by Kano. Keeps it easy for me, my taxes are nice and clean, and my mining LLC runs smooth.