It can also leave a as business income will also trigger a Note 2: Income bill will be at the paid as rewards to miners. PARAGRAPHMining for us can be to address the specific needs. Alex obtained 1 bitcoin as self-employment taxes will also be payable at Remember to maintain your books of accounts and market value of the coins.
No obligations. Subtract this value from the amount you sold the mined tokens in order to determine your capital gain or loss. Cryptocurrency and Blockchain Attorneys Have cryptocurrency or blockchain issues or questions? If you mine cryptocurrency as a trade or business�not as a hobby�you could be eligible for certain equipment, electricity, repair, and rented space deductions to lessen your tax liability. All transactions on the blockchain are publicly visible.
