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0 sats \ 1 reply \ @anon 9h \ on: Hi! I'm Morgen Rochard, I am a bitcoin financial planner, AMA AMA
What do you think about the tax solution for Strike's All In On Bitcoin product? I didn't do the segmenting of all my bitcoin by the inventory method by the deadline. If I use/sell bitcoin now, don't I use/sell my oldest bitcoin? Or is it something else?
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10 sats \ 0 replies \ @MorgenRochard OP 9h
I dont know much about the product, my understanding was that they were going to issue a 1099-DA in 2025 for anything sold.
My other understanding of the IRS rule was that the accountants could make the final decision on what lots were sold after the fact, since the rule hasnt been fully solidified
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