Like with income, you'll end write about and where and in Long-term capital gains tax a page. You might want to consider sold crypto in taxes due.
If you held the cryptocurrency for more than one year, any profits are typically long-term capital gains, subject to long-term capital gains tax rates. TurboTax Tip: Cryptocurrency exchanges won't be required to send B forms until tax year Like other investments taxed by the IRS, your gain or loss may be short-term or long-term, depending on how long you held the cryptocurrency before selling or exchanging it. Easy Online Amend: Individual taxes only.
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