Current Events > I do have a question about taxes and cryptocurrency

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LastTomorrow 02/13/21 11:50:20 AM #1:	Will they tax you if you use crypto to pay for stuff? Explain. --- Waffle, waffle, waffle <cite>LastTomorrow posted [p:950595116] in I do have ... [t:79293135]...</cite> <quote>Will they tax you if you use crypto to pay for stuff? Explain. </quote> ... Copied to Clipboard!
discodancer77 02/13/21 12:01:38 PM #2:	No! How cool is that --- Patient Gamer <cite>discodancer77 posted [p:950595454] in I do have ... [t:79293135]...</cite> <quote>No! How cool is that </quote> ... Copied to Clipboard!
LastTomorrow 02/13/21 12:06:02 PM #3:	Or what about with stocks? --- Waffle, waffle, waffle <cite>LastTomorrow posted [p:950595599] in I do have ... [t:79293135]...</cite> <quote>Or what about with stocks? </quote> ... Copied to Clipboard!
Returning_CEmen 02/13/21 12:08:52 PM #4:	What do you mean? I have a debit card from Crypto.com and I have bought stuff with it. Purchased my $500 mountain bike with it and got 3% back instantly. <cite>Returning_CEmen posted [p:950595695] in I do have ... [t:79293135]...</cite> <quote>What do you mean? I have a debit card from Crypto.com and I have bought stuff with it. Purchased my $500 mountain bike with it and got 3% back instantly. </quote> ... Copied to Clipboard!
kyujo 02/13/21 12:56:06 PM #5:	Sales tax? Probably depends more where you're buying these days --- Current Game(s): Witcher III, WD2, FF7R Must-watch: Legion, AoS, The 100 <cite>kyujo posted [p:950597042] in I do have ... [t:79293135]...</cite> <quote>Sales tax? Probably depends more where you're buying these days </quote> ... Copied to Clipboard!
krazychao5 02/13/21 12:57:00 PM #6:	Yes, that is a taxable event. It is up to you to self file, however, since they are not reporting these tranactions to the IRS --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:950597077] in I do have ... [t:79293135]...</cite> <quote>Yes, that is a taxable event. It is up to you to self file, however, since they are not reporting these tranactions to the IRS </quote> ... Copied to Clipboard!
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