Am a 18 year old living in NJ. I have no job. I sold $42,432.60 worth of BTC that I won on a Bitcoin casino. This is the ONLY taxable event that has occurred since I turned 18 last April. All of the money is now cashed out to my bank. So now I really need help with paying taxes on this. HOW do I calculate? I read that it depends on my tax bracket, however, I have no job. I just won this from a casino and got super lucky from $100. How do I calculate this when I have to file my taxes?
I used coinbase btw to sell.
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