rschule1
Expert Alumni

Get your taxes done using TurboTax

Hi There:

 

Assuming the 200 monthly USDT is increasing your initial $10,000 USDT  by 200 USDT monthly then it is taxable at short term ordinary gain rates.  For a thought experiment, 200*12 equals a 24% rate of return, which makes me wonder if such a return is sustainable?  Btw, I'm an accountant not a financial planner, so re: viability of investment-please consult with a financial planner. 

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