2014/mar/31/bitcoin-legally-property-irs-currency [https://perma.cc/H3NV-6RLT]. 17 Chris Davis, IRS Will Tax Bitcoin as Property Not Currency, ROYSE LAW . Frequently asked questions and answers about Virtual Currency transactions. and the tax treatment of property transactions generally, see Publication 544, How do I calculate my income from cryptocurrency I received. argued that the IRS should tax Bitcoin like a “currency.”2 The difficulty is that IRS's decision to tax Bitcoin, and other virtual currencies, as property. Part D will.
Bitcoin currency or property - understand you
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