As of right now I have been hodling few thousand worth bitcoin, I didnt cash it out. But because of price drop, I am in loss. How do I file this on tax return?
The taxation really depends on the country youre at. If you visit your local law house, as about its inclusions and ask about how can you be qualified on paying taxes regarfing bitcoin, whether its holding or trading. Gladly we do not have to pay taxes here in my country but I hope it will not change soon.