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Bayou Man

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Bayou Man

Re: Scripo post# 21194

Wednesday, 12/09/2020 1:34:32 PM

Wednesday, December 09, 2020 1:34:32 PM

Post# of 36014
Hi Scripo, It's going to have some value whether it be .0001 or $1.00 it is taxed as income according to article. I don't see it going like a negative -.002 or whatever, so there will some sort of value to it. That will be taxed as income, what, as of Jan-1st-2021.

I guess on crypto, can it even go negative? I guess the zeros just get extended like .00000000001

Then capital gains after that? When sold.

We may have to certainly get with our CPA's about all this. That's if they know!

Good luck to all!! Go XRP!!

My post are my opinion only and for entertainment purposes only and not be taken as investment advice to or for any human being.

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