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US taxes on Bitcoin Earnings Anonymous Wed Dec 6 16:51:12 2017 No.4827755 [View]
File: 11 KB, 300x300, futaba.jpg [View same] [iqdb] [saucenao] [google]

family member talked to a tax consultant today.
consultant said that every time I traded from bitcoin to cash this year I owe income tax on its value.
I started at 1.9 bitcoin, and over a several dozen trades i went, up, down and am now at 2.1 bitcoin
I have only withdrawn $150 worth of btc to a bank account to keep.
Tax consultant has to be bat-shit crazy if she thinks I owe $250k+ in taxes on $25k bitcoin.
Or am I pic related with the IRS?

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