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    Author Topic: IRS Says Bitcoin Not Reportable On FBAR (For Now)  (Read 768 times)

    • cbeast (OP)
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    June 30, 2014, 09:05:32 PM
     #1
    http://www.forbes.com/sites/kellyphillipserb/2014/06/30/irs-says-bitcoin-not-reportable-on-fbar-for-now/
    How can you report it on FBAR if the IRS doesn't consider it currency and foreign banks ban it?
    Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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