Hey, thanks for your availability. This is my situation: I bought a few bitcoins on Coinbase (US account), made some money, sold them. Is that profit taxable?
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Probably. Making money = income, and income is taxable. The question really is...what type of income?
For the most part, unless you've held the coins for longer than a calendar year, the income is short-term capital gains, or as it is frequently known to tax advisors, ordinary income with a special name.
Thanks a lot.