Chloe_martinez_explorer
Sat Jun 08 2024
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5 answers
1078
How much tax is paid on crypto?｜Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: for the 2022-2023 tax filing season, depending on your federal income tax bracket.10% to 37%
How much tax do I have to pay on cryptocurrency? I'm curious about the tax implications of my crypto investments. For example, if I hold a crypto asset for less than a year and make a profit from it, how are the taxes calculated? I've heard that the tax rates can vary depending on my income bracket. Could you please clarify the tax rates for the 2022-2023 tax filing season? Are they within the range of 10% to 37%?
