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Other forms of cryptocurrency transactions higher than long-term capital gains.
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YieldMax Income ETFs TSLY \u0026 CONY Holdings Review - 2/10/24 (what in tarnation) #tsly #tsla #coinbaseThe IRS treats cryptocurrency as property, meaning that when you buy, sell or exchange it, this counts as a taxable event and typically results. 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. Cryptocurrencies on their own are not taxable�you're not expected to pay taxes for holding one. The IRS treats cryptocurrencies as property for tax purposes.