This is specific to cryptocurrency, but I know if I sell my gain is a taxable event. My question is how to determine what my gain is. i.e. If I buy 2 litecoins @100, and 2@225, they the value of a litecoin goes up to $400 so I sell 1 litecoin, what is my actual gain for tax purposes?
Submitted December 24, 2017 at 10:19AM by jrod2183 http://ift.tt/2BKrwxq
