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Investors & landlords
Only the net gains. If sold or exchanged coins at a profit, that profit is taxable at the capital gains rate. The capital gain (profit) is the difference between what you paid (the cost basis) and what you received (the proceeds). If you received no proceeds, you can't have a gain on the transaction. @Anonymous
How do I report Bitcoin or other cryptocurrency as a capital gain?
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March 13, 2022
2:33 PM