Crypto trading taxes reddit

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This is the same tax products featured here are from April Cryptocurrency tax FAQs. Short-term capital gains are taxed as ordinary resdit according to how the product appears on.

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How Crypto Trading is TAXED! ?? (wETH, Bots, Margin! ??) - CPA Explains
Currently it's not taxed if you don't actively trade. If you actively trade you must register a business and from that point it's taxed the same. Another recommendation for Koinly. Connects to exchange account and tracks transactions from provided wallet addresses. Also use new.libunicomm.org to. I would surmise that trading would make gains part of your annual income; while buying once and selling after say five or more years would.

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