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5913424
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530972
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Legal
Re: [IRS] If Bitcoin is property, then the IRS may have a BIG problem!
by
AnonyMint
on
26/03/2014, 15:30:29 UTC
Quote from: AnonyMint on March 26, 2014, 03:28:39 PM
The coinbase transaction sends you coins from the network, so this must be reported as income.
When you dispose the coins, you must report capital gains (or loss).