OF COURSE you owe taxes every time you realize a gain. I pay taxes on every bitcoin I earn, including any I use to pay for expenses. Nothing I wrote implies that you don't have to pay taxes on all money earned with bitcoins.
However, just because you earn money with bitcoin doesn't mean you can't pay for the taxes on those bitcoins with money you earned in fiat.
drcode|12 years ago
However, just because you earn money with bitcoin doesn't mean you can't pay for the taxes on those bitcoins with money you earned in fiat.
unknown|12 years ago
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