Are Ethereum gas fees a tax write off?
Are Ethereum gas fees a tax write off?
Couldn’t find any reasonable answer so far, but since these ethereum gas fees are an expense (cost) of doing business, are they deductions I can use at the end of the year when I am figuring out how much I owe for my total gains on crypto for the year.
Coin Ceylon Approved Changed status to publish November 1, 2021
Mining reward – fees = taxable income, MY OPINION. Would be nice if somebody could answer this for real.
Coin Ceylon Approved Changed status to publish November 2, 2021
Fees paid are tax deductible just like trading expenses and margin loan interest
Coin Ceylon Approved Changed status to publish November 2, 2021