kim marlo atienzaNov 24, 2021 · 3 years ago6 answersWhat are the tax implications of my modified adjusted gross income from Bitcoin mining?
I have been mining Bitcoin and I'm wondering about the tax implications of my modified adjusted gross income. How will my Bitcoin mining income be taxed? Are there any specific rules or regulations that I need to be aware of? What are the potential deductions or credits that I can claim? Can I offset any losses from mining with other income? I want to make sure I am fully compliant with the tax laws while maximizing my deductions and minimizing my tax liability.
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