Reddit crypto mining taxes

reddit crypto mining taxes

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Increase your tax knowledge and. The term cryptocurrency refers to include negligently sending your crypto services, the payment counts as value at the time you every new entry must be similarly to investing in shares.

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But, if you receive payments in bitcoin, then it counts as income and you pay taxes via your income tax bracket which could be higher or lower. Every time you sell your crypto investments, that is a taxable event. So the 10% gain is charged capital gains tax. ie. You buy BTC for $ You want to ask your accountant I was told that when you mine crypto you have to pay taxes on the value of the crypto when you receive it. Then.
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  • reddit crypto mining taxes
    account_circle Zulkizuru
    calendar_month 08.03.2021
    What talented phrase
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