Bitcoin Like Kind Exchange 2017

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Whether crypto-to-crypto trades can be treated as like-kind exchanges for cryptocurrency transactions in 2017 is debatable as the IRS has offered little guidance.

20 Nov 2019.

A recent IRS bluff about like-kind exchange for crypto not only backfired.

to amend their 2017 returns to claim like-kind exchange treatment if it.

U.S. individual taxpayer, purchased Bitcoin as an invest- ment for its fair market value in.

at the end of 2017 limit like-kind exchange treatment to real property.

Bitcoins are a virtual currency of the latest generation, which has now become very important and officially recognized as. and Australia Post have announced a partnership that will let Australians pay for Bitcoin at more than 3,500.

They say that money makes the world go round and it’s certainly been the driving force behind countless movie plots over the.

5 Feb 2018.

Cryptocurrency transactions have the attention of taxing authorities around.

Like It or Not, the Potential for Like-Kind Exchange is Coming to an End.

after December 31, 2017, as the 2017 Tax Act changed Section 1031 to.