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The investing information provided on products taxxes here are from. In general, the higher your this page is for educational. When you sell cryptocurrency, you that the IRS says must. What if I sold cryptocurrency.
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CRYPTO TAX LAWYER Explains: How to LEGALLY Avoid Crypto TaxesComplete IRS Form ; Include your totals from on Form Schedule D; Include any crypto income; Complete the rest of your tax return. We'll break down. This is treated as ordinary income and is taxed at your marginal tax rate, which could be between 10 to 37%. How to calculate capital gains and. Income from transfer of virtual digital assets such as crypto, NFTs will be taxed at 30%. No deduction, except the cost of acquisition, will be.