Btc result 2022 batch 3rd semester
So, you're getting taxed twice is, sell, exchange, or use a gain, which only occurs as payment or cashed in.
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Cryptocurrency Mining Tax Guide - Expert ExplainsCryptocurrency mining rewards are taxed as income upon receipt. US-based crypto miners can anticipate paying crypto mining tax on both. The miner's taxable capital gain or loss from the sale is equal to half of the gain or loss realized. The miner's income is only affected by the coins when they. Crypto mining rewards are taxed as income upon receipt in the US (and most other countries!), meaning you'll pay Income Tax on crypto mining rewards.
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