⛓️ Blockchain & Bitcoin Series *coming soon
Course overview
Lesson Overview

5.7 – IRS Guidelines on Bitcoin Taxes: The Internal Revenue Service (IRS) treats Bitcoin as property rather than currency for tax purposes. Each sale, trade, or payment made in Bitcoin creates a taxable event. Taxpayers must calculate gains or losses based on the asset’s fair-market value at the time of disposal. The IRS requires detailed recordkeeping to ensure compliance and prevent under-reporting. Exchanges now issue 1099 forms to assist users in filing accurately. Penalties for non-disclosure can be severe, making education essential. Understanding IRS rules empowers holders to manage crypto responsibly and avoid unexpected liabilities during tax season.

About this course

A complete 300+lesson journey from blockchain basics to advanced cryptocurrency trading, security, legal compliance, and cutting-edge applications. Perfect for both beginners and experienced crypto enthusiasts.

This course includes:
  • Step-by-step trading and investing strategies
  • Insights into emerging blockchain trends and technologies
  • Visual explanations and real-world examples

Our platform is HIPAA, Medicaid, Medicare, and GDPR-compliant. We protect your data with secure systems, never sell your information, and only collect what is necessary to support your care and wellness. learn more

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