- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hello NandoLkz,
Thanks for joining us today!
If you sell or exchange crypto, it is a taxable event. It can be taxed as Short-term or Long-term depending on how long you held on to the crypto before doing the exchange. Holding for one year or less will be treated as short-term, holding for more than one year is treated as long-term.
Additional resources:
https://turbotax.intuit.com/tax-tips/investments-and-taxes/your-cryptocurrency-tax-guide/L4k3xiFjB
Hope it helps!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎November 15, 2023
4:39 PM