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100 sats \ 3 replies \ @nout 28 Oct 2022 \ on: US Taxes - How to report bitcoin stack that moved from on-chain to lightning? bitcoin
Since no value exchange took place (you don't have gains or loses), that's just your internal transfer.
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100 sats \ 2 replies \ @nullcount 28 Oct 2022
You can report any transfer fees as a business expense
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100 sats \ 1 reply \ @nerd2ninja 28 Oct 2022
I think this only works if you have a registered business. Another example of the little guy getting ripped off.
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304 sats \ 0 replies \ @nullcount 28 Oct 2022
An anonymous Wyoming LLC is cheaper than a raspberry pi Bitcoin node.
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