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RE: How are you Accounting for Steemit Earnings?

in #steemit7 years ago

so if SBD is valued on the date of its earning, that is for income tax, however then you have capital gains tax. Now your sbd is an investment and loses 1000% in one day, that means you have a capital loss which can be offset against capital gains in the future.

I love this "I'll need to only pay them some penalty as my accountant's fee 😜"