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Coinmarketcap avax | This will only take effect when filing taxes in Document everything. Most people who held on to bitcoin over the past year made money off of it, and as Americans prepare for income tax season, the IRS wants its cut of the profits. Your total taxable income for the year in which you sold the cryptocurrency. This is the same tax you pay for the sale of other assets, including stocks. Cryptocurrency tax FAQs. |
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