Hi,
I can't seem to find a clear cut answer on this question. I have cash moving into my bank account and btc purchases through Coinbase, Circle. Fairly small time seller, 25k in 2015. My understanding is that the profits of the sales are subject to capital gain taxes. Am I missing anything here?
Yeah, just report it as income from the sale of narcotics and controlled substances, they will be super helpful and send someone over to help you out.