A client contacts you and asks if an exchange of different cryptocurrencies qualifies for like-kind exchange treatment

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A client contacts you and asks if an exchange of different cryptocurrencies qualifies for like-kind exchange treatment (e.g., an exchange of bitcoin for ethereum). In addition, she mines cryptocurrency and would like to know if her activities result in self-employment income. Research these questions in preparation for a meeting with your client.

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South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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