turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dafyre
New Member

As a small business, when converting USD to BTC for others, am I taxed on the entire amount that I've handled for the year, or only on the fee for my services?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Anonymous
Not applicable

As a small business, when converting USD to BTC for others, am I taxed on the entire amount that I've handled for the year, or only on the fee for my services?

only your fee  

View solution in original post

1 Reply
Anonymous
Not applicable

As a small business, when converting USD to BTC for others, am I taxed on the entire amount that I've handled for the year, or only on the fee for my services?

only your fee  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies