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Usually, the medium in which remuneration for companies is paid is immaterial to the willpower of whether or not the remuneration constitutes wages for employment tax purposes. Consequently, the fair market worth of virtual foreign money received for services performed as an independent contractor, measured in U.S. dollars as of the date of receipt, constitutes self-employment income and is subject to the self-employment tax. For more info on compensation for providers, see Publication 525, Taxable and Nontaxable Revenue.
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