https://thecryptocurrencyforums.com/2018-cryptocurrency-tax-rules/
I just posted this a few minutes ago. Basically, crypto investors lost all around in this one. Crypto to crypto trades cannot be tax deferred under section 1031 like-kind exchanges rules. And the under $600 exclusion failed to make it into the final bill.
I’m hoping the team at https://coincenter.org/ can keep up the fight for reform. The US risks falling further behind the rest of the world in developing a true world economy unless reason trumps greed moving forward.
I just posted this a few minutes ago. Basically, crypto investors lost all around in this one. Crypto to crypto trades cannot be tax deferred under section 1031 like-kind exchanges rules. And the under $600 exclusion failed to make it into the final bill.
I’m hoping the team at https://coincenter.org/ can keep up the fight for reform. The US risks falling further behind the rest of the world in developing a true world economy unless reason trumps greed moving forward.