Bitcoin blockchain record
If you itemize your deductions, report how much ordinary income by any fees or commissions commissions you paid to engage.
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How to Pay Zero Tax on Crypto (Legally)You're required to pay taxes on crypto. The IRS classifies cryptocurrency as property, and cryptocurrency transactions are taxable by law, just like. 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. It's a capital gains tax � a tax on the realized change in value of the cryptocurrency. And like stock that you buy and hold, if you don't.
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