In the US, only the federal government has a semblance of established rules for crypto taxes. As you’ve noticed, they are kinda whacky.
As for taxes at the state and local levels, they vary depending on where you are at.
In the US, only the federal government has a semblance of established rules for crypto taxes. As you’ve noticed, they are kinda whacky.
As for taxes at the state and local levels, they vary depending on where you are at.
The whole thing is far too complicated.