If I buy half a Bitcoin and then another half three months later. My new total is 1 btc. Say I hodl one year from when I bought the first .5 btc and then I sell all the btc before the second .5 hits one year. Am I charged short-term on only half a Bitcoin? What if there are hundreds of purchases? How could someone possibly keep track of how much BTC is subject to short-term?
Btw I am a friendly tax paying citizen. Just trying to gain clarity.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments