Monaco crypto wallet
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IF YOU HAVE CRYPTO LOSSES IN 2022 DO THIS BEFORE DEC. 31st!When you dispose of cryptocurrency after less than 12 months of holding, you'll pay ordinary income tax (% depending on your income level). It's important. Do I owe crypto taxes? ; Not taxable. Buying crypto with cash and holding it: ; Taxable as capital gains. Selling crypto for cash ; Taxable as income. Getting paid. Primarily, crypto earnings can be subject to either capital gains tax, which applies when you profit from selling an asset that's increased in value, or income.
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