Long Term Capital Gains Tax Rate 2024 Crypto . The rate depends on how long you owned the crypto and your income. Below is a guide for you to navigate your.
If held for a short period, then the profits are taxed at 28%. Crypto falls under a special classification and carries a 0% capital gains tax rate on crypto held for at least a year.
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Source: taxrise.com
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Short vs. LongTerm Capital Gains Taxes for Cryptocurrency , Determine the applicable tax rate:
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