How to not pay tax on crypto

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Typically, you'll need to be your application and your visa of a brick-and-mortar retail store would, the cryptocurrency you're holding tax cryptocurrency.

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How to Avoid Crypto Taxes? ?? (Save $$$ Legally! ??) - #Crypto CPA Explains
1. Buy crypto in an IRA � 2. Move to Puerto Rico � 3. Declare your crypto as income � 4. Hold onto your crypto for the long term � 5. Offset crypto gains with. For single taxpayers, if you earn under $44, a year - you'll pay no tax on capital gains. If you're married and filing taxes jointly, this goes up to $89, Harvest your losses.

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Donating property, such as cryptocurrency, might result in favorable tax treatment. You can avoid taxes altogether by not selling any in a given tax year. The tax rate you pay on cryptocurrency varies depending on your holding period and whether your income is classified as income or capital gains. Sign Up Log in.