Sayan AdhikariDec 17, 2021 · 3 years ago2 answersAre there any tax implications when closing a tastyworks account and using the funds to invest in digital currencies?
What are the potential tax implications that one should consider when closing a tastyworks account and using the funds to invest in digital currencies? How does the tax treatment differ for short-term and long-term investments? Are there any specific reporting requirements or forms that need to be filed with the IRS? How can one minimize the tax burden when transitioning from a traditional investment account to digital currencies?
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