Crypto gains and losses tax

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Cryptocurrency Tax Loss Harvesting 101 - Save Money On Your Taxes - CoinLedger
You sold your crypto for a loss. You may be able to offset the loss from your realized gains, and deduct up to $3, from your taxable income for the year if. Long-term gains are taxed at a reduced capital gains rate. These rates (0%, 15%, or 20% at the federal level) vary based on your income. Higher income taxpayers. The IRS requires that you report all sales of crypto, as it considers cryptocurrencies property.

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Coinbase to ledger

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