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RE: Crypto Taxes In 2018 Are Scary
Oh, this is so bad for the US. The IRA will have so much paperwork they are going to regret this. Everyone should fill in their spreadsheets with data about every trade they do. I'm sure someone will make a program for this. :D
Adding Tax on sales is more understandable, when you trade out from a cryptocurrency to a fiat currency, an item, or a service.