Is anyone else concerned that all this micropayment usage w…

Twetch ·

Is anyone else concerned that all this micropayment usage will eventually be a nightmare when calculating taxes?

Could @2459 provide a tool to make this easier maybe?

Replies

Twetch ·

Hard to respond to this one in twetches alone, but where I am from, micro payment spends would be exempt (no capital gains) and micro payment earnings would be aggregated by account or wallet. Makes life pretty easy.

Twetch ·

Right but how would you calculate the total you earned in one year? Your MB account could have a huge number of txs every day.

I don’t want to go back and count them all. I want services and tools to do that for me.

Twetch ·

OK, I think I get you. Yeah, could be good if there was some way to attribute transaction type at in MB, or something along those lines (and then also be able to crunch numbers for a specified period).