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Business, 18.08.2021 21:00 Ey3lean

If the taxpayer’s employer gives him or her virtual currency (such as Bitcoin) as payment for his or her services, the taxpayer must include the fair market value of the currency in his or her income. The fair market value of virtual currency paid as wages is subject to all of the following except: A. Federal income tax withholding
B. Federal Insurance Contribution Act (FICA) tax
C. Federal Unemployment Tax Act (FUTA) tax
D. Value-added Tax

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If the taxpayer’s employer gives him or her virtual currency (such as Bitcoin) as payment for his or...
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