Right about *NOW*, most of them are getting 1099 tax forms showing *only* a total $ in value of btc they sold it for (w/NO accounting for their losses) counted as new owed taxes "income" reported to IRS if total value over year is over $600.
Even if they lost money: on every single sale they owe. 😂
@lupyuen
There's no doubt about that!
Right about *NOW*, most of them are getting 1099 tax forms showing *only* a total $ in value of btc they sold it for (w/NO accounting for their losses) counted as new owed taxes "income" reported to IRS if total value over year is over $600.
Even if they lost money: on every single sale they owe. 😂
Of course this isn't everyone...
It's a new thing at least for US users. ;)