Duffy GunterDec 28, 2021 · 3 years ago7 answers Are there any specific tax deductions or exemptions for cryptocurrency miners in Connecticut?
I am a cryptocurrency miner in Connecticut and I am wondering if there are any specific tax deductions or exemptions available for me. Can I deduct any expenses related to mining, such as electricity costs or equipment purchases? Are there any exemptions for the income generated from mining cryptocurrencies? I want to make sure I am taking advantage of any tax benefits that may be available to me as a miner in Connecticut.