What happens if you dont report crypto

what happens if you dont report crypto

Cryptocurrency wealth management

Quick Note: This article is be looking for ways to and is not legal, financial. When you buy crypto or from the sale of assets of tax authorities.

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Profitability ethereum calculator Disclaimer: This post is for informational purposes only and should not be construed as tax or investment advice. Capital gains tax rate. Annie Nova. As with other other investments like stocks, if you held it for one year or less, any profit you made is considered a short-term gain and is taxed as ordinary income. If you trade on an established exchange complying with KYC protocols, the IRS can follow your transactions and associate them with you. However, you can lose money by not reporting crypto losses.
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