zcash321
New Member

Business & farm

Thank you, I’m not looking to get taxed back for my rigs. I’ll pay for that and electricity. I just want to make sure I’m not getting screwed over by the IRS. I’ll probably install a separate electric meter I know it will help I’m already planning on having a few power sources installed so I’ll just add this too. I’d rather do what’s cheaper in taxes which won’t be self employment just short term capitle gains?

So basically it cost $20 to make a $200 coin I would just pay tax which would be $20 per coin? I’m sorry I’m new to the world of taxes.