The IRS says that a person who receives convertible virtual currency in exchange for performing a microtask through a crowdsourcing platform is taxable. For example, a company may offer to pay workers in units of Bitcoin or other convertible virtual currency if the worker processes data, reviews images, or downloads an app and leaves a positive review. The value of convertible virtual currency paid in exchange for a single microtask often is a small amount that may be less than $1, but it’s still taxable.
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