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Crypto Taxes Explained - Beginner's Guide 2023The IRS treats cryptocurrencies as property, meaning sales are subject to capital gains tax rules. Be aware, however, that buying something with cryptocurrency. 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 subject. Taxes are due when you sell, trade or dispose of your cryptocurrency investments in any way that causes you to recognize a gain in your taxable.
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