[Daily Discussion] Monday, August 19, 2019 Bitcoin Markets |
- [Daily Discussion] Monday, August 19, 2019
- [Altcoin Discussion] Monday, August 19, 2019
- Differentiating BTC - FIFO - Question
[Daily Discussion] Monday, August 19, 2019 Posted: 18 Aug 2019 09:06 PM PDT Thread topics include, but are not limited to:
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[Altcoin Discussion] Monday, August 19, 2019 Posted: 18 Aug 2019 09:06 PM PDT Thread topics include, but are not limited to:
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Differentiating BTC - FIFO - Question Posted: 19 Aug 2019 04:35 AM PDT EDIT: May have found my answer. I was unaware FIFO was optional and LIFO is seemingly an options. Taxes must just be uniformly done with same method. Is this the answer? files as LIFO? Even this would leave unable to make "Stack purchases" while pending an open trade, correct? Hello! Im having trouble finding an answer to this on google. Mostly because im not sure how to word it. However ive got a stack of BTC. My HODL stack. Ive been simulating some trading however and now think its time. Ill likely do this on Kraken although im still deciding a platform. Is there a way and or how can i differentiate the BTC i HODL from the BTC i trade. Ik we operate on property Capital Gains in the US but not sure if we can differntiate sources of BTC on taxes for trading? Because if my trades have to start "selling" my first purchases because FIFO i cant even start trading. Just looking for clarification before i make a real move. Thanks for any help. Sorry if this is the wrong sub. Seemed more appropriate than r/bitcoin [link] [comments] |
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