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Do You Pay Taxes On Bitcoin Profits? [Solved]

The IRS classifies crypto as a type of property, rather than a currency. If you receive Bitcoin as payment, you have to pay income taxes on its current value. If you sell a cryptocurrency for a profit, you’re taxed on the difference between your purchase price and the proceeds of the sale.

You DON’T Have to Pay Crypto Taxes (Tax Expert Explains)

I found out the hard way.

Crypto Taxes Explained For Beginners 2022 | Cryptocurrency Taxes

This is very important to knowing how is

How to AVOID Paying Taxes on CRYPTO Profits in the UK

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