Post
Topic
Board Altcoin Discussion
Re: paying taxes on altcoins
by
KingsDen
on 26/03/2024, 22:57:10 UTC
Let's say I am under 18 and made like 120 dollars trading shit coins with Solana. Would I have to file taxes on that? I got a little bit of Solana from the helium app, transferred it to a personal wallet, and made like 120 dollars off a less than 10-dollar investment. Do I have to file taxes this year or should I just wait till I'm 18 in like 8-10 months?
Cryptocurrency taxes differ from country to country. What is obtainable in one country is different from what is obtainable in another country. So, it is important that you consult a legal practitioner or a tax agent in your country sitting your case. If you are unsure they will change the case for you, better ask some other persons (ordinary citizens) they will have to direct you better. Meanwhile, you might like to mention your country let's check it out here.