Buying a coffee with bitcoin triggers a capital gains calculation.
The IRS wants you to track every sat. Congress could fix this tomorrow with a de minimis exemption.
They won't.
I get the point but I suggest to move btc in a spending wallet, to declare the capital gain (once a month) and not declare the coffee purchase. I believe it's reasonable enough.🤔
Bitcoin Well18h ago
VampireMJ6h ago
