The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, bitcoin taxes can be complicated, but research suggests that 61% of holders don’t realize they can write off last years losses as a tax deduction. Bitcoin? What Bitcoin? 3 years of solid (53 percent in 2015) to phenomenal (1245 percent in 2017) growth, have seen bitcoin gains conveniently overlooked on many tax returns. But with bitcoinRead MoreThe post Bitcoin Taxes: 61% of Holders Won’t Report Losses to IRS appeared first on Bitcoinist.com.
