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st5aples
DO YOU HAVE TO PAY TAXES ON CRYPTO?Do you need to report crypto if you don't sell? The answer depends on how you acquired the crypto. There is no tax for simply holding crypto. Do you need to report taxes on Bitcoin you don't sell? If you buy Bitcoin, there's nothing to report until you sell. If you earned crypto through staking, a hard fork, an airdrop or via any method other than buying it. Taxpayers are required to report all cryptocurrency transactions, including buying, selling, and trading, on their tax returns. Failure to.
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