@infinitytaxassistance: How crypto taxes work. Capital gains taxes are based on how long you held the asset for and your income bracket. Short term capital gain taxes is taxed at your ordinary income 10%, 12%, 22%, 24%,32%,35% or 37%. Long term capital gains taxes (holding the asset longer than 1 year) is taxed at 0%, 15% or 20%. #tax #taxes #taxtips #taxexpert #xrp #crypto
Just sell and keep it in your Fiat wallet. As long as you don't pull it off the exchange you don't pay taxes. Just spend it from your Fiat wallet off your crypto card.
2024-12-10 09:25:40
70
Rhazule :
not in new york baby, counts as income
2024-12-08 20:58:16
9
Johnny :
Tax on money that was already taxed just to pay more taxes on the money that was already taxed to begin with
2024-12-08 21:24:25
1769
$DK :
Keep it in a cold wallet and slowly withdraw lol
2025-01-13 21:58:02
132
. :
so if i gain money its OUR money but when i lose it its MY money😂
2024-12-11 02:19:51
187
WaJoa :
Not paying taxes on mine.
2024-12-08 21:15:14
212
Yellowmonkey :
67% here in Canada after $250,000 lol
2024-12-10 09:38:57
36
beers.21 :
what about advice on that tax evasion part?
2024-12-08 22:41:20
461
B :
No tax on crypto made in America
2024-12-08 22:47:11
29
Hsootok :
Tax is voluntary
2024-12-09 06:16:58
49
Y T :
just use private wallet and don't declare it
2024-12-13 00:39:59
20
imMarcus :
cant you just trade it to usdt?
2024-12-11 17:28:05
2
7crypto7 :
more info
2024-12-17 20:29:23
2
João Alegrio :
In Portugal crypto don't pay taxes
2024-12-10 20:59:28
13
Christian Hache :
Never sell ur crypto and then pay with ur crypto when new system is in fonction
2024-12-10 06:24:43
6
jon_locklear_mortgage :
Could wait till January then kick it another year 😎
2024-12-09 18:18:57
5
jas_dahl :
how long do you have to hold for long term
2024-12-08 21:32:00
6
mickyb82 :
your risk when you buy. but their gain when you win..
2024-12-11 13:48:37
25
whisperingvelvetnotes :
What’s the point?? The point was to not be taxed
2024-12-12 14:08:10
3
Bolt :
What about if you bought XRP from 2017 And you kept on buying until today, how does that tax work?
2025-01-16 19:31:38
1
josh barnes :
If you keep it in ur crypto Wallet and swap it for a stable coin do u still gotta pay taxes ?
2024-12-12 01:15:20
1
Kaden murphy :
I’m moving country where there no tax what happens
2024-12-10 23:00:43
3
onetruthunited :
Trump doing away with crypto tax
2025-03-02 03:44:47
1
bossedup.fr :
No
2024-12-10 21:26:45
0
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