gishzida writes:
Reuters reports, "Wading into a murky tax question for the digital age, the Internal Revenue Service said on Tuesday that virtual currencies such as Bitcoin are to be treated as property for tax purposes. General tax principles that apply to property transactions apply to transactions using virtual currency," the IRS said in a statement."
Better put that BTC wallet in a mattress.
(Score: 2, Interesting) by Anonymous Coward on Wednesday March 26 2014, @09:36AM
If any of those items are exchanged for cash, you should pay tax when you sell them.