@fig
looks like I will claim as personal income and do a sole PP (later). But for now, pending my site dev and while I try to make things work, I guess I will just add as personal income.  

You said "capital gain/loss occurs when you sell for USD. it doesn't matter when you transfer to your bank account."

So at the exchange level, I would have to sell, then it converts to USD. Does that mean I pay for both capital gain and personal income on each transaction seperately?  And if that is the case, would't that make using bitcoin as payment more expensive then simply getting paid in USD?