Quote:
Originally Posted by mineistaken
Who would tax "anonymous" bitcoins? As far as I know you do not have to provide your real name there. And those cash you are talking about, they would be taxed before for you (when you got them you probably paid taxes for them). So lets say you get 1000$ in cash, that probably means you means you have to pay some tax or you have already paid tax on them. While when you get 1000$ bitcoins you did not pay tax for them.
|
YOU are responsible for declaring taxes on any investment to the IRS. Any gain on bitcoin value is taxable just like apple or google stock shares. If you wish to become a tax cheat and commit tax fraud when signing your tax return that's your decision.
Who taxes a carpenter when he builds a deck on an "anonymous" customers house? Who taxes an "anonymous" customers motorcycle at a repair shop? It's called declared income. Not declaring tends to bite quite a few people, eventually.
.