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Infrastructure cost incurred on mining crypto assets will not be treated as cost of acquisition.
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Crypto Tax Reporting (Made Easy!) - new.iconip2014.org / new.iconip2014.org - Full Review!Do I owe crypto taxes? � Buying crypto with cash and holding it: Just buying and owning crypto isn't taxable on its own. � Donating crypto to a qualified tax-. Bitcoin held as capital assets is taxed as property When you hold Bitcoin it is treated as a capital asset, and you must treat them as. Key Points. The IRS classifies digital assets as property, and transactions involving them are taxable by law. Capital gains taxes apply to cryptocurrency sales.
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