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DO YOU HAVE TO PAY TAXES ON CRYPTO?This number determines how much of your crypto profit is taxed at 10% or 20%. Our capital gains tax rates guide explains this in more detail. In your case where. Depending on your overall taxable income, that would be 0%, 15%, or 20% for the tax year. In this way, crypto taxes work similarly to taxes on other assets. Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: 10% to 37% for the.
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