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Ripple XRP: Is Bearableguy123 Saying David Is Connected To Fort Meade, The Castle \u0026 Project Dunbar?As previously noted, the IRS taxes short-term crypto gains as ordinary income. Here are the income tax rates that will apply to gains on crypto you held. This can range from 10% - 37% depending on your income level. Meanwhile, cryptocurrency disposals are subject to capital gains tax. Examples of disposals. If you held a particular cryptocurrency for more than one year, you're eligible for tax-preferred, long-term capital gains, and the asset is taxed at 0%, 15%.
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