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Taxpayers to avoid obligations by sending mining proceeds to IRAs

July 29, 2021 by DIGIT
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The IRS has considered crypto mining revenue as part of taxable income since 2014.

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Categories Bitcoin Mining, Bitcoin Regulation, mining, Regulation, Taxes
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  • bitcoinBitcoin(BTC)$104,221.00-2.11%
  • ethereumEthereum(ETH)$3,859.31-2.45%
  • rippleXRP(XRP)$2.48-4.69%
  • tetherTether(USDT)$1.00-0.06%
  • solanaSolana(SOL)$217.97-0.42%
  • binancecoinBNB(BNB)$713.18-0.75%
  • dogecoinDogecoin(DOGE)$0.384520-3.71%
  • usd-coinUSDC(USDC)$1.00-0.19%
  • staked-etherLido Staked Ether(STETH)$3,851.27-1.91%
  • cardanoCardano(ADA)$1.02-4.71%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$104,221.00-2.11%
  • ethereumEthereum(ETH)$3,859.31-2.45%
  • rippleXRP(XRP)$2.48-4.69%
  • tetherTether(USDT)$1.00-0.06%
  • solanaSolana(SOL)$217.97-0.42%
  • binancecoinBNB(BNB)$713.18-0.75%
  • dogecoinDogecoin(DOGE)$0.384520-3.71%
  • usd-coinUSDC(USDC)$1.00-0.19%
  • staked-etherLido Staked Ether(STETH)$3,851.27-1.91%
  • cardanoCardano(ADA)$1.02-4.71%