Wednesday 31 May 2017

[NiceHash] When do I need to worry about taxes?

I live in the US. Missouri to be specific. I currently have 4 GPUs running and after expenses I would estimate I profit around $15 a day. At what point do I have to report this as income? What if I simply never sold the bitcoins for USD and spent all that money on sites like Amazon? Should I just not worry about it? How profitable do you have to be to start paying taxes?



Submitted May 31, 2017 at 11:25PM by Flying_Spaghetti_ http://bit.ly/2rbfuGa

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