Search found 9 matches
- Thu Jan 04, 2018 1:23 am
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 25372
Re: 2018 Taxes on Trades - Boooo
Another issue to consider is without Form W-9s from the Miners how is the Mining Pool going to issue 1099s? Exactly, how is a 1099 going to be issued? The forms will be mailed to the address you submit on the "settings" page, if you state that you are a US customer. Otherwise, you won't r...
- Mon Jan 01, 2018 8:20 pm
- Forum: System support
- Topic: 1099-MISC for and Automatic Withholding for non-us persons.
- Replies: 1
- Views: 1684
Re: 1099-MISC for and Automatic Withholding for non-us persons.
Based on the information on the "1099-MISC" section of the help, the decision to provide 1099 forms to us persons was based on the 2014 guidance from the IRS, specificly Q13 is referenced. The last sentence of Q13 and the entirety of Q14 cover payment of virtual currencies to contractors ...
- Mon Jan 01, 2018 8:00 pm
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 25372
Re: 2018 Taxes on Trades - Boooo
Slightly offtopic, but I can't seem to submit that form when I indicate that I live outside the US (which I do). It just doesn't save, next time I load the page it's back to "please complete.." The help section for the w-9 information for the 1099-MISC form states: "United States IRS...
- Mon Jan 01, 2018 5:07 am
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 25372
Re: 2018 Taxes on Trades - Boooo
Comparing real estate rentals to mining pools seems to be a "round peg in a square hole" analogy. As I understand the business model of Prohashing, we (i.e. the Miners) are independent contractors who provide services to the mining pool. We select the particular currency for payment and pa...
- Sun Dec 31, 2017 3:03 am
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 25372
Re: 2018 Taxes on Trades - Boooo
yes that should be correct only once you take control of the coins, how they are shuffled before you are paid out isnt your concern and you dont do the trades you as a miner we should never be subjected to short term capital gains made on trading to receive the coins, only once you have them in a w...
- Sat Dec 30, 2017 11:13 pm
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 25372
Re: 2018 Taxes on Trades - Boooo
I am an attorney in Florida and a miner. I wrote a short article on my website about taxes on mining rewards. The link is centralfloridaattorney.net/cryptocurrency-mining-rewards/ I need to verify whether Congress approved a particular Bill, but if they did then there will be a "de minimus"...
- Fri Dec 22, 2017 12:06 pm
- Forum: Development Discussion and Feedback
- Topic: Website Wishlist
- Replies: 130
- Views: 814749
Re: Website Wishlist
For those miners living in the U.S., and probably other places, it would be extremely useful for the Account Activity to include various data for income tax reporting.
- Fri Dec 22, 2017 9:21 am
- Forum: Development Discussion and Feedback
- Topic: Website Wishlist
- Replies: 130
- Views: 814749
Re: Website Wishlist
Block Explorer suggestions:
1. Add search by field to the Block Explorer
2. Add Algorithm type to the Block Explorer
3. Add a link to the Official Website for each Cryptocurrency in the Block Explorer
1. Add search by field to the Block Explorer
2. Add Algorithm type to the Block Explorer
3. Add a link to the Official Website for each Cryptocurrency in the Block Explorer
- Wed Dec 20, 2017 11:58 am
- Forum: System support
- Topic: Login Issue: Two-Factor Codes Not Sent
- Replies: 1
- Views: 1506
Login Issue: Two-Factor Codes Not Sent
Is there any reason that Two-Factor Codes are not being sent?
I am not logged in the system and am not receiving sms two-factor code. How can I log in?
Finally!!!
I am not logged in the system and am not receiving sms two-factor code. How can I log in?
Finally!!!