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RE: Why you should tax your Steemit income

in #steemit9 years ago

Actually I don't think you need to document it until it's used to purchase something. Both the IRS and the Florida judge everyone was posting about last week have declared that bitcoin is now money. It's only a piece of property until it's exchange for something. Don't get me wrong, I'm not a financial expert, but I don't think you need to document your "income". You don't document it when you give a piece of furniture to someone do you?

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