How and When To Write-off Crypto & Bitcoin Mining Expenses

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In this video I explain how crypto & bitcoin mining expenses can be written off on your tax return. If you are a hobbyist miner, you don't get to write off mining related expenses. However, if you are a business miner you get to deduct mining related expenses such as internet expense, equipment cost, rent, subscriptions, etc on your tax return Schedule C.
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Shehan Chandrasekera, CPA????
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Disclaimer: this video is informational only and is not intended as tax or investment advice. For tax or investment advice, please consult a professional.
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Bitcoin Mining
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