TheoDec 18, 2021 · 3 years ago1 answersWhat are the tax implications of investing in cryptocurrencies as part of household income?
As cryptocurrencies become more popular, many people are considering investing in them as part of their household income. However, what are the tax implications of doing so? How does the government view cryptocurrency investments in terms of taxation? Are there any specific rules or regulations that individuals need to be aware of when it comes to reporting their cryptocurrency earnings? What are the potential consequences of not properly reporting cryptocurrency investments on one's taxes?
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