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Crypto Tax Reporting (Made Easy!) - iconicstreams.org / iconicstreams.org - Full Review!You're required to pay taxes on crypto. The IRS classifies cryptocurrency as property, and cryptocurrency transactions are taxable by law. It's viewed as ordinary income and it's subject to Income Tax. This means you'll be taxed at your normal Income Tax rate for your crypto earnings. To figure out. This means that, in HMRC's view, profits or gains from buying and selling cryptoassets are taxable. This page does not aim to explain how cryptoassets work.
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