So if I can't use Coinbase to sell my coins, what can I use?
And does this work the other way around, if you purchase coins can you use them as a deduction on your taxes?
Bitcoin purchases aren't tax deductible. But you can claim capital losses from trading at a loss, up to the value of your other gains that year and $3,000 income.
Great information.
Dont use Coinbase! There are much better alternatives, i.e. Circle, ..
What should I be using then? Circle I am not familiar with? I am living in the US and am not sure what other places I can sell coins to if I so choose to. Thanks for the help!