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Also, in general, remember that be used solely for the should not be considered legal this data from your account.
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You DON'T Have to Pay Crypto Taxes (Tax Expert Explains)This can range from 10% - 37% depending on your income level. Meanwhile, cryptocurrency disposals are subject to capital gains tax. Examples of disposals. The earnings from trading, selling, or swapping cryptocurrencies are taxed at a flat 30% (plus a 4% surcharge) for both capital gain and business income. Other. If you successfully mine a cryptocurrency or are awarded it for work done on a blockchain, it is taxed as ordinary income. How Do Cryptocurrency Taxes Work?
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