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RE: Steemit Wallet - All info from last 5 years!

in #finance4 years ago

The manner as I understand it that the IRS wants to tax the steem token is to determine the price of steem upon receiving the token. Unless you had an extremely sophisticated piece of software that could possibly do that, it's not doable. I know it isn't right but it keeps you covered if you report a bit larger long term capital gains. Not my advice, I'm sharing what works for me.