cowabunga_dude
Active over 1yr ago
Active over 1yr ago
Recent Answers:
Yes, you do have to pay taxes on cryptocurrency. The exact regulations and laws vary by country, but in general, revenue gained through cryptocurrency investments should be included in your tax return. In the United States, for example, the Internal Revenue Service (IRS) requires that individuals who earn over $600 from cryptocurrency transactions must declare such earnings on their taxes. This applies to income from trading, exchanging, and making payments with digital currency. The IRS considers cryptocurrency as property and thus any capital...