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Bitcoin/Taxes

Prim0r0x

Active member
For those of you (hypothetically) only using bitcoins for the payments here. You’re not selling them, not making any profit.

Only buying and sending. Do you “claim” these when doing taxes?

Maybe we have some accountants here 😛
 
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DHT

Active member
I’m pretty sure the feds have an entire floor dedicated to working with coinbase. But for our purposes we aren’t even close to the radar. I garuntee coinbase gives the feds a list of the people with the highest returns in their portfolio
 
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headcoat

New member
@DHT I’ve heard rumors that Coinbase will close your account without warning if they suspect illegal purchases. Any truth to this? Do you think they will care about some guy buying a few vials of test online?

I take the precaution to sidestep this by transferring it to my personal wallet before making purchases, but that incurs network fees I would rather avoid if possible.
 
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