Special Solari Report: How the U.S. Federal Government Handles Taxation for Cryptocurrency (Including Bitcoin)
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Special Solari Report: How the U.S. Federal Government Handles Taxation for Cryptocurrency (Including Bitcoin)
[Originally Published on October 17, 2017]
By Michele Ferri and Jonathan Lurie
To learn more about the investment implications of cryptocurrencies, you can refer to Bitcoin: The Op, a Solari Report with Harry Blazer.
1. Introduction
The only certainties in life are death and taxes, and while you can’t take your bitcoin to your grave, the taxman certainly wants to take a cut every year before that. Cryptocurrency is a new enough concept that much of the tax treatment is either not fully formed or not widely understood. Over the course of this article, we hope to cover some general rules and trends regarding the United States’ federal tax treatment of cryptocurrencies. This article will give you step by step guidelines for how to handle the taxation of your, or your clients’, cryptocurrency.
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16 Comments
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JUST FYI for others who are looking for the PDF. I got this from the support. The link for the PDF is at
https://home.solari.com/wp-content/uploads/2017/US_Federal_Tax_Treatment_of_Cryptocurrency.pdf
I just checked the link. It is working. You may want to check your cut and paste.
Julian:
It is listed on the home page under Special Solari Reports.
Here is the link Julian.
https://home.solari.com/solari-special-report-how-the-u-s-federal-government-handles-taxation-for-cryptocurrency/
Will check on why the pdf version is not working.
JUST FYI for others who are looking for the PDF. I got this from the support. The link for the PDF is at
https://home.solari.com/wp-content/uploads/2017/US_Federal_Tax_Treatment_of_Cryptocurrency.pdf
I just checked the link. It is working. You may want to check your cut and paste.
Julian:
It is listed on the home page under Special Solari Reports.
Here is the link Julian.
https://home.solari.com/solari-special-report-how-the-u-s-federal-government-handles-taxation-for-cryptocurrency/
Will check on why the pdf version is not working.
Thanks. It is working now!
Thanks. It is working now!
bitcoin-cash was born in 2017
bitcoin-cash was born in 2017
This article does an amazing job of putting many pieces together in to one place. Thank you!
Published in 2017, so make sure you check IRS etc for updates. Dynamic field. And give thanks you are not in Australia. Regulatory nightmare, especially for CPAs with clients trading crypto.