Post
Topic
Board Legal
Re: I didn't pay capital gains tax on bitcoin sales to IRS today
by
Maged
on 16/04/2014, 03:54:55 UTC
If you mean that they were always owed, then you're wrong.
No, I'm not. Had you actually talked with a tax professional prior to the IRS guidance (which, given the nature of this thread, you hadn't), you would have known that taxes were always owed on realized gains from bitcoin. Again, it was just unclear whether bitcoins were either currency or property.