Hi personal finance ,
I bought around ~5k of bitcoin on coinbase in various intervals in 2017. After buying the bitcoin I would immediately send the coin to online sports books and casinos. Sometimes I would win and send it back to my coinbase account (and on the rare occasion send it back to my bank account), but I definitely lost a majority of the bitcoin to those sites
Now that it’s tax time I’m concerned on how and what I should file. I’m trying to make sure I report information that I need to.
I’ve taken a step back from gambling and am now 90-days gambling free. I hope to continue abstaining from it in the future.
Submitted March 02, 2018 at 09:00AM by iaceyi http://ift.tt/2oItcOm
