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Crypto long term capital gains tax rate

Crypto long term capital gains tax rate

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According to the United States results when you sell your you earn from certain crypto-based.

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The tax rates for crypto gains are the same as capital gains taxes for stocks. Part of investing in crypto is recording your gains and losses, accurately. If you own cryptocurrency for more than one year, you qualify for long-term capital gains tax rates of 0%, 15% or 20%. Long-term gains generally happen when you sell or otherwise dispose of your crypto after holding it for longer than a year. These gains are taxed at rates of 0%.

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Learn more about the CoinLedger Editorial Process. Frequently asked questions Do I have to pay tax on cryptocurrency? Buying property, goods or services with crypto. The IRS considers staking rewards as income that must be reported, as well as any cryptocurrencies received through mining.