Taxing Bitcoin: The IRS wants people to disclose virtual currency activity

Taxing Bitcoin: The IRS wants people to disclose virtual currency activity

(STL.News) If you’re planning to cash in some of your Bitcoin and pocketing the gains, be prepared for a potential tax hit.  If you’ve owned or used Bitcoin, you may owe taxes, no matter how you acquired or used it.

CNBC’s Sharon Epperson reports.

YouTube video provided by CNBC

STL.News References:

  1. YouTube

Source link