If I sell some crypto but do not take it out, do I have to report it and pay taxes on it?
Hello: Your crypto is taxed when you you sell it. You will need to report the sale. The proceeds less the cost basis result in a gain or loss for tax purposes.
Have an amazing day. Evelyn M (CPA 20+ years) I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"