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Short-term tax rates if you sell crypto in taxes due how the product appears on.
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Short-term tax rates if you sell crypto in taxes due how the product appears on.
Long-term capital gains tax for crypto. Because cryptocurrencies are viewed as assets by the IRS, they trigger tax events when used as payment or cashed in. If you use cryptocurrency to buy goods or services, you owe taxes on the increased value between the price you paid for the crypto and its value at the time you spent it, plus any other taxes you might trigger. United States.
