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RE: Is Bitcoin Gold Taxable in the U.S.?
Could not one argue that, regardless of the value (or lack thereof) of a fork, it's not constructively received yet if Coinbase/Trezor/etc won't support it?
Which leads to an interesting conundrum: if you only receive it if it gets popular, then your basis will invariably be higher than it would have been, potentially leading to more taxes. But if it never gets popular, you'll never get it.
NINJA EDIT: As a separate question, under what category would fork income be? Capital gains? "Other" income on 1040?
Correct, constructive may not have occurred yet. However, in the case of Bittrex/Trezor, it sounded as though the Bitcoin Gold is credited to the taxpayer, however just not as functional (for Trezor you would have to re-upload the "seed" to another third party wallet). So constructive receipt may have occurred, but an economic benefit is called into question.
Constructive receipt is an important consideration so I added above, it's great to have a second set of eyes, thank you!