You are viewing a single comment's thread from:
RE: A Simple Method to Trade Bitcoin Against Gold
Had a similar thought about this with BTC/ETH. I guess you could easily go back and run a simulation. Of course once thing to consider is all the taxes to declare What a nightmare. I just hope one day we can get BTC and ETH in our 401Ks and IRA accounts...
Hey I was on vacation and missed responding to a few posts. Check out http://losthorizons.com, and Pete Hendrickson's book "Cracking the Code" which he sells there.
Long story short: you only owe taxes if you got money from the federal government. If an individual, or a corporation, paid you, then you don't owe taxes.
Form 4852 is the key, but it's worth the $25 to get the book. Hope this helps!