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How Do You Pay Crypto Taxes? [2022 US Crypto Tax Explained]The IRS treats cryptocurrencies as property, meaning sales are subject to capital gains tax rules. Be aware, however, that buying something with cryptocurrency. Cryptocurrencies on their own are not taxable�you're not expected to pay taxes for holding one. The IRS treats cryptocurrencies as property for tax purposes. Crypto exchanges are required to report income of more than $, but you still are required to pay taxes on smaller amounts. Do you.
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