"I Just Discovered I Owe The IRS $50,000 I Don't Have, Because I Traded Cryptos" | Zero Hedgehttps://www.zerohedge.com/news/2018-04-05/i-just-discovered-i-owe-irs-50k-i-dont-have-because-i-traded-cryptos …
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Selling to crypto is taxable and that’s what he did
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no pretty sure he did this "explained that he bought eight bitcoins for $7,200 in January 2017 then cashed them out in December for about $120,000"
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