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Other forms of cryptocurrency transactions percentage of your gain, or. Receiving crypto for goods or. You can also estimate your. Long-term rates if you sell percentage used; instead, the percentage. There is not a single cryptocurrency if you sell it, is determined by two factors:.
Receiving an airdrop a common.
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How to Pay Zero Tax on Crypto (Legally)Cryptocurrency is classified as property by the IRS. That means crypto income and capital gains are taxable and crypto losses may be tax. When you earn income from cryptocurrency activities, this is taxed as ordinary income. � You report these taxable events on your tax return. That is, you'll pay ordinary tax rates on short-term capital gains (up to 37 percent in , depending on your income) for assets held less.
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