American College Student Collects $400,000 in Tax Liability from $5,000 Crypto Investment

Kid with Headphones Piggy Bank in Front

On November 2, 2018, a Reddit user submitted a post to the /r/tax subreddit claiming that they were stuck in a somewhat precarious proposition with their taxes. Crypto-to-crypto trades: Taxable events The individual, an American college student, said that they decided to start dabbling in cryptocurrency investments sometime in early 2017 after hearing about the market’s growth potential from a…Read More. The post by Rahul Nambiampurath appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: BTC Manager