Post
Topic
Board Legal
Re: Bitcoin and Taxes
by
BrewMaster
on 02/09/2018, 13:51:50 UTC
IRS has been seeing bitcoin as a properly ever since 2014 https://www.irs.gov/newsroom/irs-virtual-currency-guidance
it is not really news and this above link is a lot better than using a link from some click bait  site in my opinion Wink

Do we really need to reveal how many bitcoins we have?

no we don't need to and we aren't but not all of us are using bitcoin as a currency. most people are trading bitcoin to make profit and when you make profit on a centralized exchange you also have to worry about taxes and then report it so that you are not evading them which is illegal.
in other words it comes down to your usage.