Did you receive bitcoin or other digital currency as payment for services or goods?

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Home » Questions » Did you receive bitcoin or other digital currency as payment for services or goods?

If you have accepted bitcoins as payment for goods or services, you must include in income the value in U.S. dollars.  Employers that pay wages with bitcoins need to report the U.S. dollar value of the earnings on W-2 forms.

*Kiplinger Tax Letter

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