Ask David Spencer CPA Your Tax Questions

U.S. Taxation of Digital Assets
#62

Due to the overwhelming need I am accepting all questions via a 15 minute zoom meeting to decide if we need a more in depth discussion. Please follow the link HERE to make an appointment on my calendar. I am looking forward to the conversation.

#63

Due to the overwhelming need I am accepting all questions via a 15 minute zoom meeting to decide if we need a more in depth discussion. Please follow the link HERE to make an appointment on my calendar. I am looking forward to the conversation.

#64

Hi David,

Hypothetically if a U.S. user uses a VPN to margin trade on BYBIT, do the losses count as capital losses when you file your taxes?

Thanks!

1 Like
#65

@DKSCPA

Hi David,

You had said that we entered an agreement with the government to pay taxes.

I’ve heard that before, but I’ve never heard anyone able to describe when and how that agreement was made.

I don’t remember ever making that agreement.

Can you tell me when and how that agreement was made?