I run a couple of secure nodes and recently I learned that the USA treats any earned cryptocurrency as extra income and is taxed at the dollar value. This also means staking and mining will be taxed as well. I am not familiar with other country’s tax codes but I would imagine they will have something similar.
I built a tool to help myself with these calculations. It worked pretty well for me so I figured I would make it available to others at a low cost. You can find it at https://paidincrypto.io. All it does it generate a csv of the dollar value of all transactions sent to a given address for a given year. It currently only supports ZEN, BTC, ETH, and LTC.
I guess I’m wondering if this is helpful to anyone. Do you guys have other tools you use to help with these calculations?
I’m happy to chat about anything related to this. You can respond here or send me an email at [email protected].