TurboTax is a popular tax preparation software that allows taxpayers to file their taxes online. It is also possible to use TurboTax to report cryptocurrency mining income. In order to report cryptocurrency mining income on TurboTax, you will need to provide information about the cryptocurrency you mined, as well as your mining income and expenses. […]
How To Report Bitcoin Mining On Taxes
Bitcoin mining has become a very lucrative industry. In 2017, the value of Bitcoin reached an all-time high of over $19,000. As a result, many people have started to mine Bitcoin. However, Bitcoin mining is not as simple as it may seem. In order to properly report Bitcoin mining on your taxes, you need to […]
Read Time:
21 Min
0
0