I heard that when bitcoin mining, you need to file a schedule C for small business income as well as tracking capital gains/losses on bitcoins mined. You can also mark down depreciations on hardware. What's the simplest way to do these taxes? Cointracker looks good for tracking the transactions but I'm not sure what platform to use to help me with the depreciations.
Submitted September 10, 2020 at 08:44AM by firststep290 https://bit.ly/3jXPSVK
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