What is the tax treatment for my crypto mining?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Crypto mining often has tax implications both when the coins are received and later when they are sold or exchanged. The treatment can depend on whether the activity looks like a hobby or a trade or business, how consistently the mining is carried on, and whether the coins are held for investment or 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.