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RE: Steem-related Tax Reporting for Dummies

in #taxes7 years ago

I know it's not financial advice, but if you never withdraw anything or deposit your own money, does it still have to be reported on taxes? I may have got some bad intel I heard that until you actually withdraw something you don't have to report it? And same with exchanges if you just put some money in, and leave it you dont even have to mention it unless you withdraw profits. Could be mistaken I am a noob and wont have to worry unless this is a good year.Thanks!