Society Magazine

Do You Have To Pay Taxes On Cryptocurrency?

Posted on the 27 February 2018 by Eavesy @DavidEaves

The short answer is yes. The long answer is if you get paid in cryptocurrency you still have to pay taxes like you would in a bartering situation because it is considered property. If you own cryptocurrency and it goes up in value and you sell it, you have to pay capital gains taxes. Learn more about cryptocurrency myths from this infographic.

Do You Have To Pay Taxes On Cryptocurrency?


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