You are viewing a single comment's thread from:

RE: ★ 500 follower, Thanks everyone, upvote for everyone! Enjoy ★ Free Upvote for everyone 10%,25%,50%,100%

in #steemit7 years ago (edited)

Most crypto isn't really that easy to be tracked though. I'd imagine that you could pull small amounts <$1000 without paying taxes, but if you were withdrawing much larger amounts to fiat, you'd probably want to report capital gains.

Sort:  

Thats right, but i would advise everyone not to trade too much, otherwise they might consider you being a "trader" which would result in income tax instead of capital gain tax.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62837.64
ETH 2542.11
USDT 1.00
SBD 2.65