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A question for bitcoiners who are actually transacting in BTC

Bitcoin Reddit

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If I transfer USD to BTC on Strike App and I spend it IRL buying, say, a coffee and some vintage clothes, furniture, etc. am I generating taxable events? (Since the IRS regards Bitcoin as property) Or do I have no reporting obligation up to a certain $ limit? Thanks for sharing your wisdom!

submitted by /u/gemsbok_
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