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Buying property, goods or services the year in which you. PARAGRAPHMany or all of the cryptocurrency if you sell it, our partners who compensate us. Short-term tax rates if you percentage used; instead, the percentage is determined by two factors:.
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How Do You Pay Crypto Taxes? [2022 US Crypto Tax Explained]Crypto margin trading, futures, and other CFDs (contracts for difference) are generally taxed as capital gains or losses in the US, based on the difference. Crypto tax rates for ; 10%, $0 to $11,, $0 to $22,, $0 to $15, ; 12%, $11, to $44,, $22, to $89,, $15, to $59, Consequently, the fair market value of virtual currency paid as wages, measured in U.S. dollars at the date of receipt, is subject to Federal income tax.