Post
Topic
Board Speculation
Re: Will people be selling after the 1st of the year for tax benefits?
by
MAbtc
on 28/12/2013, 01:38:42 UTC
Do bitcoin profits count for taxes if you only have usd on an exchange but haven't withdrawn?  
Yes. But without that USD entering your bank account, how will IRS know?

Question is, will you report each trade?  Wink

Hell, BTC-E doesn't even require dox.....

(ahem, I mean, pay your taxes......)

 Cheesy