Now, when it comes to Bitcoin, one of the first questions I get is
always regarding the taxes of it. Later, when I cover our Bitcoin
Startup Journey, I will explain what we know and do. For now, here’s a
great primer on Bitcoins and how taxes work with them from Turbo Tax.
In short, if it’s earned income from buying and selling – it’s taxable
in the US. Check with your Country Law! We have a very diverse
readership across the globe here at IMGrind, so keep in mind we are in
the USA.