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Virtual currancy state of Ohio

Do you have to pay short term and long term gains to the State of Ohio regarding Virtual Currancy transactions since there is no guildance from the State.

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1 Reply
RaifH
Expert Alumni

Virtual currancy state of Ohio

Yes, you still have to pay capital gains on virtual currency transactions in Ohio.

 

Ohio generally conforms to the U.S. tax code. Differences between federal and Ohio taxation are reported on the Ohio Schedule of Adjustments.

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