Most trackers do differentiate between capital transactions, staking, and mining.For income tax purposes, staking income will be the fair market value of the co...
Hi Golfer55. Thank you for joining us today.Unfortunately, yes any depreciation allowed of allowable to take as a deduction would be subject to recapture. This ...
Hi Cullenbarbiefr. Thank you for joining us today.Any gift from one individual to another including, children and other family members,(except for spouses) is s...
Hi Craigory0055. Thank you for joining us today.Transaction fees are added to your basis amount. Basis is subtracted from the sales proceeds to determine gain o...
Yes.If the holding period is one year or less, then it will be a short term capital gain (or loss). If the holding period is longer than one year, then it will ...