Do you have to pay taxes on bitcoin

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TIP: Many investors switch from applies to shares and securities disposal has deemed to take.

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Can you buy goods and services with bitcoin

If the same trade took place a year or more after the crypto purchase, you'd owe long-term capital gains taxes. Filers can easily import up to 10, stock transactions from hundreds of Financial Institutions and up to 20, crypto transactions from the top crypto wallets and exchanges. TurboTax has you covered.