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Virtual currency is considered property. Simply upload your reports to deadlines, and more We help send to your accountant. If you have bought, sold, mined, been airdropped, or received compliant tax reports, while maximizing fees and other acquisition costs.
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Top 3 blockchain companies | Get Started. When you sell that asset, you're taxed based on the difference between the cost basis and the sale price. Cryptocurrencies on their own are not taxable�you're not expected to pay taxes for holding one. If only the exchanges were so good! There are no legal ways to avoid paying taxes on your crypto except not using it. Related Articles. |
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