I have around $400 in bitcoin. Does it count as income that I get taxed on? and if I were to purchase something with those $400 as bitcoin and not USD am I only subject to like sales tax?
@@dhoneysett I'm in california. What would you recommend for someone that wants to use BTC as the main source of spending. I'm not really looking to invest. I get compensated in USDT that i transfer into my bitcoin. Thanks
@@anotherone3957 hmm really depends on you're personal setup career and tax setup. Here is a good explanation of Bitcoin taxes. ua-cam.com/video/KKSA6KWARgs/v-deo.htmlsi=pZB3twTfK2aaM-jS There are some good guides of how to live off Bitcoin online
Why would you be doing video on here and you don't even reply people who watch your video for you to earn, I tried sending you dm on Twitter for some follow up on how to buy bitcoin using bullbitcoin in Canada but you won't reply? It's very annoying putting videos here without follow up with your fans here
Sorry Goodwin. I get a lot of spam on twitter. When I originally replied to you It was followed by 15 straight messages pushing to reply within the minute. Very similar to Spam. Again here are the steps to create a Bull Bitcoin Account I gave you: 1. Have a Canadian Bank. 2. Sign up with Bull Bitcoin - email - phone - address - Bitcoin address 3. Send bull Bitcoin an e transfer 4. Receive Bitcoin to your wallet I know your "friend" is stuck on the E-Transfer Process. But I cannot show you how to E-transfer for security reasons of my accounts. I'm sure there are tutorials online for that, if your stuck. My next video will be on Bull Bitcoin and how to use it. Thanks.
Killer video!!! Thanks for putting together
This helps thanks
I have around $400 in bitcoin. Does it count as income that I get taxed on? and if I were to purchase something with those $400 as bitcoin and not USD am I only subject to like sales tax?
Depends on your jurisdiction. Typically Bitcoin are the same as any commodity. Subject to capital gains or losses
@@dhoneysett I'm in california. What would you recommend for someone that wants to use BTC as the main source of spending. I'm not really looking to invest. I get compensated in USDT that i transfer into my bitcoin. Thanks
@@anotherone3957 hmm really depends on you're personal setup career and tax setup.
Here is a good explanation of Bitcoin taxes.
ua-cam.com/video/KKSA6KWARgs/v-deo.htmlsi=pZB3twTfK2aaM-jS
There are some good guides of how to live off Bitcoin online
Why would you be doing video on here and you don't even reply people who watch your video for you to earn, I tried sending you dm on Twitter for some follow up on how to buy bitcoin using bullbitcoin in Canada but you won't reply? It's very annoying putting videos here without follow up with your fans here
Sorry Goodwin. I get a lot of spam on twitter. When I originally replied to you It was followed by 15 straight messages pushing to reply within the minute. Very similar to Spam. Again here are the steps to create a Bull Bitcoin Account I gave you:
1. Have a Canadian Bank.
2. Sign up with Bull Bitcoin
- email
- phone
- address
- Bitcoin address
3. Send bull Bitcoin an e transfer
4. Receive Bitcoin to your wallet
I know your "friend" is stuck on the E-Transfer Process. But I cannot show you how to E-transfer for security reasons of my accounts. I'm sure there are tutorials online for that, if your stuck.
My next video will be on Bull Bitcoin and how to use it.
Thanks.