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Taxpayers to avoid obligations by sending mining proceeds to IRAs

July 29, 2021 by DIGIT
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The IRS has considered crypto mining revenue as part of taxable income since 2014.

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Categories Bitcoin Mining, Bitcoin Regulation, mining, Regulation, Taxes
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  • bitcoinBitcoin(BTC)$68,988.00-1.88%
  • ethereumEthereum(ETH)$2,026.94-3.90%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.42-2.00%
  • binancecoinBNB(BNB)$622.37-2.57%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$84.10-3.19%
  • tronTRON(TRX)$0.277367-0.86%
  • dogecoinDogecoin(DOGE)$0.093285-2.94%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.14%
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  • bitcoinBitcoin(BTC)$68,988.00-1.88%
  • ethereumEthereum(ETH)$2,026.94-3.90%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.42-2.00%
  • binancecoinBNB(BNB)$622.37-2.57%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$84.10-3.19%
  • tronTRON(TRX)$0.277367-0.86%
  • dogecoinDogecoin(DOGE)$0.093285-2.94%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.14%