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"The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration."

Now I have gone through every legal document from congress and can't find anything that was passed declaring bitcoin as property. So if congress didn't declare it, then how can the IRS tax it? They don't have the power to declare it as taxable, as that is Congress's job.

You have gone through every legal document from congress? That's incredible, how many years did it take you?
Anyway, "Shall have power to lay and collect taxes on incomes, from whatever source derived" so yes they can. As for the IRS not being able to, I'm surprised you don't know this Mr. I read every law ever, but Congress has authorized the IRS to create rules and rulings to define what is and what isn't income, thus this power has been delegated to the IRS much in the same fashion that different powers have been delegated to each Federal agency.

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Am I wrong on this, or can you folks help me with find supreme court cases or legal documents that makes taxing a bitcoin constitutional?

You didn't hear about the SCOTUS bitcoin case? The justices ruled 5-4 that if the coins were mined on a computer that touched Clarence Thomas' balls then there is a 100% tax on them and the FBI will take them from you by force...dunno how you missed that.

Quote from: drew959 on April 05, 2014, 12:55:19 AM

I am wondering has the IRS "ruled" Bitcoin is property or is this their view?

I would think this is a legal question not a decision to be made by the IRS

Both? If you don't think the IRS has this authority then file a suit against them stating they don't have the authority.