How is my mined crypto treated for tax purposes?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Mined crypto is often treated differently from crypto that is simply bought and sold, and the tax result can depend on how the mining activity is carried on, whether it looks like a hobby or a business, and how the coins are later used or disposed of. In many cases, the value of the coins at the tim For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.