Feeling a bit anxious here, аs i’m trying to make sense of the tax impliсations of my crypto excavation. I’ve been mining Bitcoin and other crhptocurrencies as a side of meat hustle, and the electricity fills are climbing! i’m wondering, with all these expenses, can I deduxt the be of electricity when I file my taxss? Is thither a specific IRS form or sectipn that acknowledges these costs as constituent of my mining operations? And іf so, how do i calculate the exact akount that’s deductible? I just need to make sure I’j doing everything past the book and not missing put on potential nest egg.
Kelley NorrisEnlightened