1. #1
    mandy2424
    mandy2424's Avatar Become A Pro!
    Join Date: 01-10-15
    Posts: 32
    Betpoints: 192

    CoinBase Tax You?

    Can they tax you on your transactions? Also, is there too much you could withdrawal to your bank account from Coinbase? Can you get red flagged by your bank? Should you use different checking accounts?

  2. #2
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,757
    Betpoints: 9225

    Only the govt can tax you. And I have not heard of Coinbase doing any reporting for tax purposes.

    Don't know about your bank policies but Coinbase is a legal business so should not be any different to normal bank reporting.

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