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When you sell cryptocurrency, you are subject to the federal taxes.
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If you receive crypto as the limit on the capital for tax purposes - can short-term losses, use your long-term.
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Crypto Tax Reporting (Made Easy!) - bitcoinbuddy.org / bitcoinbuddy.org - Full Review!The IRS treats all cryptocurrency, like Bitcoin and Ethereum, as capital assets and taxes them when they're sold at a profit. You pay taxes on cryptocurrency. If you buy, sell or exchange crypto in a non-retirement account, you'll face capital gains or losses. Like other investments taxed by the IRS.
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