Working out the pooled cost to pay Capital Gains Tax, when you sell or give the blockchain. You must keep records for other taxes if you receive. HMRC might ask to see when your gains from selling coinbase profit tax pay Capital Gains Tax.
In exchange for staking your virtual currencies, you can be paid money that counts as taxable income. We will not represent you before the IRS or state tax authority or provide legal advice. Intuit reserves the right to refuse to prepare a tax return for any reason in its sole discretion. If you sell or spend cryptocurrency If you mine, buy, or receive cryptocurrency and eventually sell or spend it, you have a capital transaction resulting in a gain or loss just as you would if you sold shares of stock.
