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Get your taxes done using TurboTax
Thanks for that detailed answer, John. I'll go ahead and do that.
It seems unfair that I'm required to pay taxes in USD on an asset that I cannot (by law) convert to USD to pay for those taxes. On the bright side, I'd rather pay taxes on the lower amount, assuming the coins do appreciate in value by the time I am legally permitted to sell them.
March 6, 2022
11:44 AM