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If you are day trading crypto or anything else, then you can report trading profits as earned income. In previous tax seasons, we received a lot of questions from crypto newbies and experienced customers alike. The top tax rate is higher than for capital gains, but you. Crypto has seen tremendous growth and the industry as a whole has matured making it a viable option. For day traders or swing traders.
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Calculating your crypto taxes (example)
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The us tax code does a pretty good job of making sure that decisions are made on the basis of economic viability and not for tax reasons.
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