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cryer99
Returning Member

I live in TX signed up with a crypto cloud company Gominer.co located in Canada. Is this income considered foreign Income ? Is the electricity cost deductible ?

 
2 Replies
Critter
Level 15

I live in TX signed up with a crypto cloud company Gominer.co located in Canada. Is this income considered foreign Income ? Is the electricity cost deductible ?

That is a NO  & a NO. 

cryer99
Returning Member

I live in TX signed up with a crypto cloud company Gominer.co located in Canada. Is this income considered foreign Income ? Is the electricity cost deductible ?

I live in Texas and signed up with a crypto cloud mining company Gominer.co located in Canada. Do I have to pay taxes on the mined coins ? If so do I pay taxes to CANADA or US?

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