mdyune
Returning Member

crypto capital gain tax long vs short term

Q1. basically crypto capital gain tax is the same principle as stock trade, right?

Q2. I am struggling with how to choose short vs long term cap gain. You purchase crypto over a long period of time some being more than a year ago, some being less. Then I can choose long term gain at my convenience as long as I have proof I bought enough crypto in long term bracket to cover the amount I am selling. Is it right? Or do I need some tax form issued from platform to support me?

THANK YOU