RE: Steem and Taxes ... don't get F**ked by the IRS by jkly87

Viewing a response to: @financialcritic/re-jkly87-re-financialcritic-steem-and-taxes-don-t-get-f-ked-by-the-irs-20170726t011336754z

steemit · @jkly87 · Jul 26 '17

Yeah, my whole 'tax plan' was just noting my initial deposits of fiat currency used to purchase crypto and then in the years where I sold crypto back to usd i would record that as a capital gain/loss.

Will revisit the topic when tax season rolls around next year but appreciate you bringing this topic up and flagging some potential pitfalls.

Really like your content, just joined recently and came across you "Top 6 Mistakes Minnows (New Steemit Users) Make" when I was trying to wrap my head around Steemit!

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@financialcritic · Jul 26 '17

I was keeping track of every transaction...although I'm not sure it's needed anymore.

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@jzeek · Jul 27 '17

$0.05

Hi @financialcritic I've Published a post about you, check it out if you can, thanks.

32 Best Steemit Bloggers Of The Day To Follow 27th July 2017

https://steemit.com/steemit/@jzeek/32-best-steemit-blogger-of-the-day-to-follow-27th-july-2017

👍 financialcritic

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@financialcritic · Aug 2 '17

Thanks, will check it out!

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