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How can I find out which crypto tax bracket I fall into?

avatarJohn.Yuen.WongDec 17, 2021 · 3 years ago1 answers

I'm not sure which tax bracket I fall into for my cryptocurrency earnings. How can I determine this?

How can I find out which crypto tax bracket I fall into?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand that determining your crypto tax bracket can be confusing. That's why we recommend using a reputable tax software or consulting with a tax professional who specializes in cryptocurrency taxes. These experts can help you navigate the complexities of crypto taxation and ensure you're accurately determining your tax bracket. Remember, it's important to stay compliant with tax laws and report your crypto earnings correctly to avoid any penalties or legal issues. Don't hesitate to seek professional advice to ensure you're on the right track with your crypto taxes.