HOW IS CRYPTO TAXED IN THE US? YOUR GUIDE TO THIS TAX SEASON
U.S. taxpayers are required to report crypto sales, conversions, payments, and income to the IRS, and state tax authorities where applicable, and each of these transactions has different tax implications. Do I Owe Crypto Tax? In the U.S., crypto is considered a digital asset, and the IRS treats it generally like stocks, bonds, and other…