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>> No.4739489 [View]
File: 284 KB, 649x731, 1031EXCHANGE.png [View same] [iqdb] [saucenao] [google]
4739489

Crytpo to retail goods and services is taxible.
If you buy a $1500 on new egg with bitcoin report your gains of that sale as if you were converting Bitcoin to USD.

>Therefore, lawmakers will rule
The IRS already determined cryto to be property.
Investment property to Investment property exchanges are not taxable.
For most everyone ,with the exception of people who work in the Crytpo industry (miners, promoters, work for an exchange ect), Crypto is Investment property.

>> No.4634294 [View]
File: 284 KB, 649x731, 1031EXCHANGE.png [View same] [iqdb] [saucenao] [google]
4634294

When you exchange bitcoin for fiat
or
when you use bitcoin to buy retail goods or services

You might also be able to not pay taxes for the purchase of gold or silver with crypto.
Gold and silver like crypto is investment property.
But gold and silver might not be "like kind"

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