Ahmad Dhaher asked 11 months ago

Im a US Citizen and live in Ca. Do I need to pay Taxes to the IRS when dealing with BitCoin transactions ? Thank you.

1 Answers
Zsofia Elek answered 11 months ago

Hi Ahmad,
The regulation of Bitcoin has very different treatment in each country and there are differences between even the US states how they treat cryptocurrencies. I suggest you find a local tax consultant who is familiar with digital assets and the local legislation about Bitcoin in your area and they should be able to help you.

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