Do u have to pay taxes on cryptocurrency

do u have to pay taxes on cryptocurrency

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They create taxable events for data, original reporting, and interviews.

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Crypto Taxes Explained For Beginners - Cryptocurrency Taxes
Like these assets, the money you gain from crypto is taxed at different rates, either as capital gains or as income, depending on how you got your crypto and. Crypto exchanges are required to report income of more than $, but you still are required to pay taxes on smaller amounts. Do you. Cryptocurrency is classified as property by the IRS. That means crypto income and capital gains are taxable and crypto losses may be tax.
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