RE: Are Hive Rewards Taxable Events?
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If this gives you such trouble, overstate the income/gain and stop wasting your time tracking it.
Your account value from what I can see now like mine is immaterial. It may as well be $0.
Unless you have a pile of NFTs or something.
Tax authorities don't care about you.
If I was in the tax authorities I'd focus on the biggest players but Hive is obscure and there is virtually no chance anyone except a public figure will be audited relating to unreported hive or tokens or hbd.
My 2 cents anyway
0
0
0.000
I have another account that is much larger than this.
But, you make a good point about overstated income. This is where costing HIVE at zero works out. If tax software comes out that can read HIVE, I could file an amendment to get some taxes back.
Yes it is a tricky thing, it's easier to file tax to the best of your knowledge than think will the taxman come after you down the road but yeah there are lots of ways to earn on hive and hard to track the cost of it all.