How Are Cryptocurrencies Taxed?
The past year has seen a huge surge in the popularity of cryptocurrencies. Everybody and his brother are looking to make a quick buck by buying new cryptos for pennies and selling them for dollars.

As the income comes pouring in, so do tons of tax-related questions, such as: "Do you need to pay taxes on cryptocurrencies?," "Are there any cryptocurrency taxes in the U.S.?," "Who needs to pay taxes on cryptocurrencies?," "How are cryptocurrencies taxed?," and "Who do I pay taxes to?"

We’ll answer all of these.

The post How are Cryptocurrencies Taxed?—Paying Taxes on Bitcoin and Other Cryptos appeared first on Profit Confidential.

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How are Cryptocurrencies Taxed?—Paying Taxes on Bitcoin and Other Cryptos