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RE: I've "made" over $20,000 blogging on Steemit. Do I have to pay income tax on all of it?!
Since Steemit doesn't issue 1099's to individuals, it's highly unlikely the IRS will be looking to collect taxes on non-USD payments to you. The likelier scenario is that you sell your Steemit for USD at some point down the line and must take either a short term or long term election on the gain in value. The IRS cares about the resulting FIAT for the most part. This is true with stocks as well. You can invest in the stock market for 100 years without selling your stock and never have a taxable event (excepting dividends paid in cash). It's only when you go to sell the stock that your tax burdens kick in.