Steem is self-employment income when you earn it (at the rate compared with U.S. dollars on the date of issuance) then when you trade it for other crypto it is treated as property and any gain/loss to that date is a short- or long-term capital gain.
Steem is self-employment income when you earn it (at the rate compared with U.S. dollars on the date of issuance) then when you trade it for other crypto it is treated as property and any gain/loss to that date is a short- or long-term capital gain.
RE: Massive Problem for U.S. Citizens Using Peer-to-Peer Crypto Currency Transfers