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Long-term rates if you sold crypto in taxes due in.
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The Easiest Way To Cash Out Crypto TAX FREEYes, cryptocurrency is taxable in a variety of circumstances. The taxable events of crypto transactions are generally characterized as either capital gain (or. Buying crypto with cash and holding it: Just buying and owning crypto isn't taxable on its own. The tax is often incurred later on when you sell, and its gains. Even though cryptocurrencies were designed to be decentralized and free from government oversight, Uncle Sam still expects his fair share come.
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