Cryptos and Taxes - Short Term & Long Term Gains Explained

in #cryptocurrency • 7 years ago (edited)

Short Term Gains are for trades of coins held less than a year
Long Term Gains are for trades of coins held for more than 1 year

Short Term Gains are calculated by Ordinary Income bracket

Long Term Gains are lower since you hold longer

#taxes #vincentb #bitcoin
7 years ago in #cryptocurrency by
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