npub1yt…7559s on Nostr: If you're paying from your USD balance it would count as a buy and immediate sell for ...
If you're paying from your USD balance it would count as a buy and immediate sell for no gain or loss, so no tax. If you use your Bitcoin balance that has gone up in value since you bought it then it might be taxable.
Published at
2024-09-07 05:40:21Event JSON
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"pubkey": "22f22e98a035b8ff97d4cc4c5b34e65ccecae258430eeca46b17b1e8aabb8a5e",
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"content": "If you're paying from your USD balance it would count as a buy and immediate sell for no gain or loss, so no tax. If you use your Bitcoin balance that has gone up in value since you bought it then it might be taxable. ",
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