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Get your taxes done using TurboTax
So the losses my crypto tax software shows is -$224. This is for captial gains.
In total I've been sent 32k worth of XLM crypto, which I immediately sold for USD, hence why after a while I've accumulated a small loss. I don't hold coins.
I guess my question is, wouldn't I be taxed 12% on the 32k that I've gotten so far? I would pay this next year when filing yes?
‎November 5, 2021
3:01 PM