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For crypto-based income taxes, most you can deduct the selling complete a different type of.
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CRYPTO TAXES MASTERCLASS 2023 \u00262024. CELSIUS, VOYAGER, FTX MUST WATCH!Cryptocurrencies like bitcoin are treated as property per the IRS Notice You may have to report your cryptocurrency gains and pay taxes. Short-term tax rates if you sold crypto in (taxes due in ) ; 12%. $11, to $44, $22, to $89, ; 22%. $44, to $95, The tax rate can range from %, with long-term capital gains generally taxed at a lower rate compared to short-term gains and crypto received.