Visualización de artículos etiquetados 'recognize'

 Will I recognize a gain or loss if I pay someone with virtual currency for providing me with a service?

Yes.  If you pay for a service using virtual currency that you hold as a capital asset, then you...

 Will I recognize a gain or loss when I sell my virtual currency for real currency?

Yes.  When you sell virtual currency, you must recognize any capital gain or loss on the sale,...