Short-Term vs Long-Term Crypto Capital Gains: Key Differences
If you’ve sold cryptocurrency at a profit, the IRS wants its cut—and how much you pay depends almost entirely on how long you held that asset before selling. Holding for just a few extra mont...
Source: be1crypto.com
If you’ve sold cryptocurrency at a profit, the IRS wants its cut—and how much you pay depends almost entirely on how long you held that asset before selling. Holding for just a few extra months can mean the difference between paying 37% in taxes and paying nothing at all. The tax treatment of crypto capital…