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RE: How are you Accounting for Steemit Earnings?

in #steemit7 years ago (edited)

I'm very bad at accounting and I would love to have you as my neighbour so you could help me :D

I believe in the Netherlands for now crypto is seen as an asset. That means I for now will have to look at my total STEEM/SBD and fill this in at the end of the year > its value in euros. I have to file taxes over 2017 - and tell The Tax Man what value in crypto I had on the first of that year. Since I had none at 1-1-2017 I will not pay taxes over crypto this year. Next year I will have to know how much crypto I had on 1-1-2018.

I now realize I have no idea if we are able to simply look-up our account/STEEM holdings at a certain point in time? Do you know? If not I'll now have to remember to maybe write down my total STEEM every first of the month.

Thanks for writing down your thoughts and maybe even nudging me to start accounting a bit better.

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@steemreports' financial accounts report will help and also I will be doing a follow up showing you how to get these numbers.

Thanks for stopping by and leaving a comment

Thanks! Great top and would love to see your upcoming post :-)

awesome, can't wait for this!

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