Crypto capital gains

crypto capital gains

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Long-term rates if you sold crypto in taxes due in we make money.

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When you sell or dispose of cryptocurrency, you'll pay capital gains tax � just as you would on stocks and other forms of property. � The tax rate is % for. 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. Long-term gains are taxed at a reduced capital gains rate. These rates (0%, 15%, or 20% at the federal level) vary based on your income. � Short-term gains are.
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Short-term capital gains taxes are higher than long-term capital gains taxes. Get more smart money moves � straight to your inbox. NFTs are taxed similarly to other crypto-assets. View NerdWallet's picks for the best crypto exchanges.