- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
tax implications when i use bitcoin to buy something
I have purchased bitcoin by buying a set dollar amount every week (dollar cost average). When I use bitcoin to buy something, without transferring back to dollars, how do I :
Need to declare on taxes?
How do I know what the "original" cost is when I purchased at different prices of bitcoin on different days?
Is it like stocks where when I sell a stock I need to pay tax on any gains?
Thanks
‎November 15, 2023
12:37 PM