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RE: SCN Weekly Payout #10 / Last Night's Small Meetup Overview

in #steemit7 years ago

Yeah, what are the rules for filing? Do you have to file when you sell crypto or when you receive it? For steem, does that mean filing individual payouts?

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Steem is a mystery on top of a mystery. I’m under the impression that anytime a coin is traded, whether to fiat or another crypto currency the gain or loss should be reported. I could be wrong though. I think different rules also apply according to where you live and how long you’ve held the coins.