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Crypto Tax Reporting (Made Easy!) - open.bitcoingate.org / open.bitcoingate.org - Full Review!Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: 10% to 37% for the. Yes, you'll pay tax on cryptocurrency gains and income in the US. The IRS is clear that crypto may be subject to Income Tax or Capital Gains Tax, depending on. When crypto is sold for profit, capital gains should be taxed as they would be on other assets. And purchases made with crypto should be subject.
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