Questions tagged [capital gains]

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MysticInfinity MysticInfinity Sun Jun 09 2024 | 5 answers 1703

Is crypto taxed in Russia?|For Russian citizens, income derived from selling cryptocurrencies is subject to personal income tax at a rate of 13%. Profits from investing in cryptocurrencies are taxed as capital gains at a rate of 13%.

Excuse me, could you please clarify something for me? I'm curious to know if cryptocurrencies are taxed in Russia? For instance, if a Russian citizen sells their cryptocurrencies, would they be required to pay personal income tax on the proceeds? And at what rate would this tax be imposed? Also, would profits gained from investing in cryptocurrencies be taxed differently, perhaps as capital gains? If so, could you specify the tax rate for such gains? Thank you for your assistance in clarifying this matter.

Is crypto taxed in Russia?|For Russian citizens, income derived from selling cryptocurrencies is subject to personal income tax at a rate of 13%. Profits from investing in cryptocurrencies are taxed as capital gains at a rate of 13%.
AzurePulseStar AzurePulseStar Sun Jun 09 2024 | 6 answers 1574

Can I claim crypto losses on my taxes?|. If your total capital losses exceed your total capital gains, US taxpayers can deduct the difference as a loss on your tax return, up to $3,000 per year ($1,500 if married filing separately).Yes , you can write off crypto losses on taxes even if you have no gains

Can I actually claim my losses in cryptocurrency on my taxes? I've heard that if my total capital losses outweigh my gains, there's a possibility of deducting the difference. Is this accurate? Also, would this deduction be limited to a certain amount per year? And another thing, what if I haven't had any gains? Would I still be able to write off my losses? I'm really curious about this, so could you please clarify?

Can I claim crypto losses on my taxes?|. If your total capital losses exceed your total capital gains, US taxpayers can deduct the difference as a loss on your tax return, up to $3,000 per year ($1,500 if married filing separately).Yes , you can write off crypto losses on taxes even if you have no gains
SsangyongSpirit SsangyongSpirit Sat Jun 08 2024 | 7 answers 1823

Do I have to pay taxes if I lost money on crypto?|. If your total capital losses exceed your total capital gains, US taxpayers can deduct the difference as a loss on your tax return, up to $3,000 per year ($1,500 if married filing separately).Yes, you can write off crypto losses on taxes even if you have no gains

Hello there, I have a question regarding cryptocurrency and taxes. So, do I actually need to pay taxes if I've lost money investing in crypto? I've heard that if my total losses are greater than my gains, I might be able to deduct some of that loss on my tax return. Is that true? And if so, how much can I deduct? Also, can I still write off my crypto losses even if I haven't made any gains this year? I'm just trying to get a clearer understanding of the tax implications of investing in crypto. Could you help me with that?

Do I have to pay taxes if I lost money on crypto?|. If your total capital losses exceed your total capital gains, US taxpayers can deduct the difference as a loss on your tax return, up to $3,000 per year ($1,500 if married filing separately).Yes, you can write off crypto losses on taxes even if you have no gains
Elena Elena Fri Jun 07 2024 | 7 answers 1160

How much is tax in Spain for foreigners?|Non-resident income tax (NRIT) rates . For residents in other EU member states or European Economic Area (EEA) countries with which there is an effective exchange of tax information, the rate is 19 %. Capital gains generated from transfers of assets: 19%. Interest: 19%. General rate: 24%

Could you please elaborate on the tax regulations in Spain for foreigners? Specifically, I'm curious about the non-resident income tax (NRIT) rates. Are the rates different for those residing in other EU member states or EEA countries with effective tax information exchange? Also, could you clarify the tax rates for capital gains from asset transfers, interest income, and the general tax rate for foreigners in Spain?

How much is tax in Spain for foreigners?|Non-resident income tax (NRIT) rates . For residents in other EU member states or European Economic Area (EEA) countries with which there is an effective exchange of tax information, the rate is 19 %. Capital gains generated from transfers of assets: 19%. Interest: 19%. General rate: 24%
DigitalDragonfly DigitalDragonfly Fri Jun 07 2024 | 6 answers 1216

Do I have to pay taxes if I bought crypto?|The IRS treats cryptocurrencies as property for tax purposes, which means: . This is because you trigger capital gains or losses if its market value has changed.You pay taxes on cryptocurrency if you sell or use your crypto in a transaction, and it is worth more than it was when you purchased it

Do I really have to pay taxes if I engage in cryptocurrency transactions? I'm curious about how the IRS views cryptocurrencies for tax purposes. Could you please elaborate on why cryptocurrencies are taxed as property? Is it because any changes in their market value result in capital gains or losses? Also, would I be taxed if I use my crypto for a transaction and its value has increased since purchase? Could you clarify these points for me?

Do I have to pay taxes if I bought crypto?|The IRS treats cryptocurrencies as property for tax purposes, which means: . This is because you trigger capital gains or losses if its market value has changed.You pay taxes on cryptocurrency if you sell or use your crypto in a transaction, and it is worth more than it was when you purchased it

|Topics at Cryptocurrency Q&A

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