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RE: Vlog 197: Taxes and the STEEM blockchain - A tough puzzle.

in #life6 years ago

I was wondering about exactly that! In my case I am way under the minimal amount that requires telling the tax people about my crypto investments but that does leave me with the question whether rewards on Steemit are income and will therefore be taxed accordingly or if it will be considered crypto currency regardless of whether it was earned by adding value to a platform or by markets going up and down.

For now I am too small for it to become a problem for this year's taxes but who knows where I will stand next year?

Plse keep posting new developments!

And thx for the post, of course :-)