What does it mean to sell? People have already generated lots of taxable event w... | Hacker News

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		tehlike on Dec 3, 2017 \| parent \| context \| favorite \| on: US Senate Bill S.1241 to Criminalize Concealed Own... What does it mean to sell? People have already generated lots of taxable event when they started diversifying into other coins for example.

sp821543 on Dec 3, 2017 | [–]

It is my understanding that trading one for another, (BTC to ETH, for example), is a taxable event thus has to be reported.

tehlike on Dec 3, 2017 | | [–]

Yes, exactly the way i am thinking (and probably IRS will think).

This is the way it happens for stocks and pretty much everything.

heimatau on Dec 3, 2017 | [–]

Yup. That is a huge question.

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