Cryptocurrency Q&A
Do you pay capital gains on Ethereum?
Do you pay capital gains on Ethereum?
CryptoNinja
Mon Dec 30 2024
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7 answers
775
I'm wondering if I have to pay capital gains tax on my Ethereum earnings. I've made some profits from trading Ethereum and I'm not sure if these are subject to capital gains tax.
7 answers
Michele
Wed Jan 01 2025
Cryptocurrency taxation is a significant aspect for investors to consider.
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QuasarGlider
Wed Jan 01 2025
When engaging in buying, selling, or exchanging crypto in a non-retirement account, individuals will encounter capital gains or losses.
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Martina
Wed Jan 01 2025
The IRS treats cryptocurrency similarly to other investments for taxation purposes.
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GwanghwamunGuardian
Wed Jan 01 2025
The taxability of crypto gains or losses can be categorized as either short-term or long-term.
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Elena
Tue Dec 31 2024
The duration of holding the cryptocurrency before selling or exchanging it determines whether the gains or losses are short-term or long-term.
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