Long term tax on crypto

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Theoretically, you can avoid taxation views purchases with crypto as your ordinary income tax rate.

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Crypto Taxes Explained For Beginners - Cryptocurrency Taxes
Profits from selling, swapping, or spending VDAs - including crypto - are subject to a flat 30% tax, regardless of whether you have a short or long-term gain. If you owned it for days or less, you would pay short-term gains taxes, which are equal to income taxes. If you owned it for longer, you would pay long-term. best.coinhype.org � Income Tax � Cryptocurrency.