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RE: Steem and Taxes ... don't get F**ked by the IRS

in #steemit7 years ago

Why do you think the IRS considers it a Property? Would it not be a Foreign Currency? If let's say you'd change a cryptocurrency for a foreign fiat such as CAD. Would this be taxed differently?

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They have stated that they treat bitcoin and crypto like a property (stock). https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance

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