NbSlienceMay 09, 2022 · 3 years ago8 answers What are the tax implications of deducting transaction fees for digital currency transactions?
I would like to know more about the tax implications of deducting transaction fees for digital currency transactions. How does deducting transaction fees affect the taxes I need to pay? Are there any specific rules or regulations regarding this? Can I deduct transaction fees as a business expense? What are the potential benefits or drawbacks of deducting transaction fees for tax purposes?