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Old 08-16-2017, 11:27 AM   #1113
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Member#: 34935
Join Date: Apr 2003
Chapter/Region: MAIC
Location: Silver Spring, MD
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Originally Posted by Matt A View Post
how do BTC and taxes work?

If I sold my 1000 BTC today for USD, what taxes do I need to pay?
taxes on the gains, same as any other investment, short or long term depending on how long you held it

mining is treated as income when you receive the token, and you track gain or loss from that value
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