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Cryptocurrency Mining Tax Guide - Expert ExplainsCrypto Taxes: Online Tax Software to Report Bitcoin, NFTs and Digital Currencies. You must report cryptocurrency trades or income on your tax return. If you bought it within the year, it can carry a tax rate of up to 37%, depending on how much you made on the sale. Every time you sell crypto. It's important to note: you're responsible for reporting all crypto you receive or fiat currency you made as income on your tax forms, even if you earn just $1.
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