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in #steemit7 years ago (edited)

Most crypto isn't really that easy to be tracked though. I'd imagine that you could pull small amounts <$1000 without paying taxes, but if you were withdrawing much larger amounts to fiat, you'd probably want to report capital gains.

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Thats right, but i would advise everyone not to trade too much, otherwise they might consider you being a "trader" which would result in income tax instead of capital gain tax.