LogixtuDec 28, 2021 · 3 years ago8 answers Are there any specific tax rules for receiving payments on Cash App in Bitcoin or other cryptocurrencies?
I would like to know if there are any specific tax rules that apply when receiving payments on Cash App in Bitcoin or other cryptocurrencies. Are there any differences in how these transactions are taxed compared to receiving payments in traditional currency? What should I be aware of when it comes to reporting these transactions to the tax authorities?