Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
Do You Pay Taxes When You Sell Crypto
When it comes to paying taxes on cryptocurrency, there is a lot of confusion and misunderstanding. Many people believe that they do not have to pay taxes on their crypto transactions, when in reality, this is not the case. The fact is, you do have to pay taxes when you sell cryptocurrency. How much you […]
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How To File Taxes With Crypto
As the use of cryptocurrencies continues to grow, so does the need to understand how to file taxes correctly when dealing with them. The process for doing so can be confusing, but with a little understanding and some helpful advice, it can be a relatively easy process. The first step is to determine which tax […]
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How To Trade Crypto On Webull Desktop
Cryptocurrencies are becoming more and more popular, and more and more people want to trade them. If you’re one of those people, then you’re probably wondering how to trade crypto on Webull Desktop. First, you’ll need to create an account on Webull. You can do that by going to the website and clicking on the […]
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Do You Pay Taxes When You Convert Crypto
When you convert your cryptocurrency into regular currency, such as US dollars, you might have to pay taxes on the transaction. The US Internal Revenue Service (IRS) considers cryptocurrency to be property, so any conversions are considered taxable events. How much you’ll owe in taxes depends on a few factors, such as the value of […]
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24 Min
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How To Report Crypto On Taxes Turbotax
Cryptocurrency is taxable just like any other form of income in the United States. The Internal Revenue Service (IRS) has been clear on this point for some time, but there is still some confusion about how to properly report cryptocurrency transactions on tax returns. Fortunately, there is a handy tool that can help taxpayers figure […]
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28 Min
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What If I Don’t File Crypto Taxes
What if I don’t file crypto taxes? Cryptocurrencies are considered a form of property for tax purposes, meaning that anyone who has made gains from trading or using cryptocurrencies must report these to the IRS. Failing to do so can result in hefty fines and even imprisonment. The IRS has been clear in its stance […]
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18 Min
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How To Enter Crypto In Turbotax
Cryptocurrencies have been around for a while now, and as their popularity continues to grow, more and more people are looking to invest in them. If you’re one of those people, you’ll need to learn how to enter crypto in Turbotax. First, you’ll need to create a new account on Turbotax. You can do this […]
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24 Min
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Where To Enter Crypto On Taxes
Cryptocurrencies are becoming more and more popular each day. As people invest in them, they want to know how to report their transactions on their taxes. The answer to this question is not always straightforward, as the rules for taxation of cryptocurrencies vary from country to country. In the United States, the Internal Revenue Service […]
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25 Min
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How To Sell Crypto Without Paying Taxes
When it comes to taxes, there are a lot of things that people don’t know. For example, a lot of people don’t know that you don’t have to pay taxes when you sell crypto. In this article, we’re going to teach you how to sell crypto without paying taxes. The first thing you need to […]
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