
Jon Lerner, Co-Founder and CEO of CoinTracker
Around The Coin
00:00
The Tax Code for Using Cryptocurrency in the US
I would imagine their incentive is, hey, we'd rather have it be simple because we're more likely to receive tax from people if it's simple. So an example of the diminumous level would be something like I know on Uber, Airbnb, TaskRabbit, these marketplaces,. If you earn under, I think, $600 as a 1099 contractor, and you don't have to report that to the government or aside, the marketplace wouldn't have to reported that to thegovernment. That would be the kind of thing you're talking about. And yeah, I think that's a way that within the boundaries of it being treated as property, which I think is unlikely to
Transcript
Play full episode