What are the tax rates for short term capital gains on digital currencies in New York?

1 answers

• Jan 10, 2022 · 3 years ago
  As a third-party, BYDFi cannot provide specific tax advice. However, the tax rates for short term capital gains on digital currencies in New York are typically based on your income tax bracket. It's important to consult with a tax professional or refer to the latest tax laws to determine the specific tax rates for your situation. Additionally, it's always a good idea to keep accurate records of your transactions and consult with a tax professional to ensure you are in compliance with tax regulations.
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