Taxes & Government
#capital gains tax cryptocurrency#cryptocurrency taxes 2024#IRS cryptocurrency reporting#crypto tax compliance+1 more
How do taxes on cryptocurrency transactions work in 2024?.
📅 Sep 5, 2025🔗 Share
Cryptocurrency transactions are subject to capital gains tax, meaning that any profit made from selling or trading crypto is taxable. Taxpayers must report gains and losses on their tax returns, and the IRS requires detailed records of transactions. In 2024, crypto holders should be aware of specific regulations and potential tax implications that vary by jurisdiction.
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