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Formin any of for federal income tax purposes first step is to convert. Sign up for our Personal.
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Crypto Tax Reporting (Made Easy!) - bitcoin-debit-cards.shop / bitcoin-debit-cards.shop - Full Review!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? The IRS treats all cryptocurrency, like Bitcoin and Ethereum, as capital assets and taxes them when they're sold at a profit. Any crypto units earned by airdrops or hard forks should be taxed as ordinary income. Hard forks are similar to airdrops in that you can receive new coins but.
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