Post
Topic
Board Legal
Re: IRS Releases Tax Rules on BTC
by
cottoneyeJoe
on 25/03/2014, 19:44:48 UTC
So, if I mined through 2013 at an average price of say $200/btc and put my coins on gox, then lost them with gox's closure when the price was ~$500 then...

I pay income tax on the $200/btc mined coins - my mining equipment and electricity expenses

Can I then claim property loss at the price when gox closed?