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Writer's pictureFahad H

CryptoTaxPrep.com Presents: Properly Reporting Your Bitcoin Cash to the IRS


CryptoTaxPrep.com is the business chief in Cryptocurrency Tax Preparation. Visit us at https://CryptoTaxPrep.com to study extra and sign-up.

In August of final 12 months, Bitcoin Cash forked from the Bitcoin blockchain. This course of principally cut up Bitcoin into two separate cash: Bitcoin (“BTC”) and Bitcoin Cash (“BCH”). When this occurred, everybody who held Bitcoin in a appropriate pockets or trade grew to become entitled to say an equal quantity of Bitcoin Cash.

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