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Understanding Cryptocurrency Taxes and How to Report Your Earnings

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Cryptocurrencies are poised to shape the future of finance. Here’s why:

  1. As cryptocurrency gains popularity, it’s essential to understand crypto taxes. Here’s a quick guide:

    1. Track Your Trades: Use a crypto tax software like CoinTracking or TaxBit to record transactions.

    2. Capital Gains Tax: You’ll owe taxes on profits when selling or trading crypto.

    3. Report Earnings: Always report your crypto earnings to avoid penalties.

    Start trading securely with Gemini and keep track of your earnings! Sign up here to get $15 when you trade $100 or more.


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