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Crypto Taxes in US with Examples (Capital Gains + Mining)Capital gains taxes apply to cryptocurrency sales. Cryptocurrency income is taxed based on its fair market value on the date you receive it. Depending on your specific circumstances, cryptocurrency can be taxed as long-term capital gains, short-term capital gains, or ordinary income. Crypto tax rates. Yes, crypto is taxed. Profits from trading crypto are subject to capital gains tax rates, just like stocks.
