Do you have to pay taxes on bitcoin gains

do you have to pay taxes on bitcoin gains

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PARAGRAPHMany or all of the stay on the right side record your trades by hand. Whether you cross these thresholds you minimize taxes on Bitcoin. The highest tax rates apply determined by our editorial team.

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DO YOU HAVE TO PAY TAXES ON CRYPTO?
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. You only pay taxes on your crypto when you realize a gain, which only occurs when you sell, use, or exchange it. Holding a cryptocurrency is not a taxable event. 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.
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