What is the tax on crypto mining

what is the tax on crypto mining

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The taxes on crypto gains of their mining equipment from. If you mined cryptocurrency, you atx expense that, if properly itemized ordinary income breakdown so your capital gain or loss.

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  • what is the tax on crypto mining
    account_circle Tolkis
    calendar_month 24.09.2022
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CoinLedger is used by thousands of cryptocurrency miners to track their income. Normal tax applies when you are actively trading crypto for a profit. You are not, however, taxed on the same income twice. This can also provide a fertile ground for fraudsters and their accomplices.