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Cryptocurrency Taxes: How They Work and What Gets Taxed Because cryptocurrencies are viewed as assets by the IRS, they trigger tax events when used as payment or cashed in When you realize a gain—that is, sell, exchange, or use crypto that has
How Is Cryptocurrency Taxed? – Forbes Advisor Crypto taxes are generally based on a 2014 IRS ruling that determined cryptocurrency should be treated as a capital asset, like stocks or bonds, rather than as currency, like dollars
Digital assets - Internal Revenue Service For U S tax purposes, digital assets are considered property, not currency A digital asset is stored electronically and can be bought, sold, owned, transferred or traded
Crypto Taxes: The Complete Guide (2025) - CoinLedger Everything you need to know about how cryptocurrency is taxed in the US: The fundamentals of cryptocurrency tax, how different types of transactions are taxed, and tricks that can help you reduce your tax liability
Crypto Taxes Explained: Crypto Tax Guide for 2025! - 99Bitcoins Crypto tax refers to the tax obligations that arise from cryptocurrency activities, including trading, earning, and holding digital assets The IRS considers crypto as property, meaning crypto trading taxes are similar to those for stocks
Crypto Taxes: How They Work, 2025 Rates and Rules Crypto is taxed when it is sold for a profit This taxable profit is equal to the difference between your adjusted basis in the crypto and the amount you received in exchange for the
Understanding crypto taxes - Coinbase U S taxpayers are required to report crypto sales, conversions, payments, and income to the IRS, and state tax authorities where applicable, and each of these transactions has different tax implications In this article, you'll learn when your crypto is taxed and how your activity might affect your taxes Let's dive in
How Is Crypto Taxed? Heres What You Need To Know - CNBC Cryptocurrency is classified as property by the IRS That means crypto income and capital gains are taxable and crypto losses may be tax deductible Last year, many cryptocurrencies lost more
Cryptocurrency Taxes (2025 Guide With Details) I CoinScoke Here is a complete guide to cryptocurrency taxes for 2025 including when cryptocurrency is taxed, how cryptocurrency taxes work, types of income subject to taxation, common tax loopholes, and examples of how much tax you may pay