TAX RAMIFICATION

in #taxes8 years ago (edited)

Are there any guidelines from the Internal Revenue Service (IRS) in regards to the taxation of STEEM?

I'm sure the Internal Revenue Service and most state treasurer will want to participate in or capture some of our STEEM.

But how will our STEEM be documented and reported on our income tax returns? Will it be reported as ordinary income, net profit, capital gains, or a combination thereof?

If no taxation guidelines are available, then the STEEM community should petition the Internal Revenue Service and state treasures for them, as soon as possible.

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