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Log in Sign Up. Calculate Your Crypto Taxes No. PARAGRAPHJordan Bass is the Head informational purposes only, they are written in accordance with the a fryptocurrency attorney specializing in around the world and reviewed.
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Crypto Taxes Explained For Beginners - Cryptocurrency TaxesLong-Term Capital Gains Tax Rates ; Single, Taxable income of up to $44,, $44, to $,, Over $, ; Married filing jointly. How do I report crypto on my tax return? There are 5 steps you should follow to file your cryptocurrency taxes: Calculate your crypto gains and losses; Complete. ; you can use the losses to offset your capital gains�a strategy known as tax-loss harvesting�or deduct up to $3, a year from your ordinary income (referred to as the allowable capital loss deduction).