Capital gains are not automatically less than ordinary income tax. Depends on your tax bracket .. though are are correct about crypto being classified as property.
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Capital gains are not automatically less than ordinary income tax. Depends on your tax bracket .. though are are correct about crypto being classified as property.
thank you for your comment @vladivostok
you're all the way from the east of russia? That must be like living at the end of the world.
Cheers, Piotr
I am back in America for now, this feels more like living at the end of the world to be honest. I also have an idea that an irs audit for this platform could turn out real bad if the auditor could manage to figure out how it works ...
Doubt that will happen though ... I’ve been doing taxes 20 years and this is much more confusing
i hope you will enjoy America @vladivostok.
thx for your comment. I appreciate it a lot.
Yours,
Piotr