Dev PathakDec 18, 2021 · 3 years ago9 answers How does the California capital gains tax rate in 2023 affect the taxation of cryptocurrency profits?
What are the implications of the California capital gains tax rate in 2023 on the taxation of cryptocurrency profits? How does this tax rate specifically impact individuals who earn profits from trading or investing in cryptocurrencies? Are there any exemptions or special considerations for cryptocurrency transactions? How does the tax rate compare to other states in the US? What steps can individuals take to minimize their tax liability on cryptocurrency profits in California?