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Cryptocurrency Q&A Is selling USDC to USD taxable?

Is selling USDC to USD taxable?

Moonshadow Moonshadow Sat Nov 16 2024 | 6 answers 1165
I am considering selling some USDC for USD, but I am unsure about the tax implications of this transaction. I would like to know if selling USDC for USD is taxable, and if so, what are the specific tax rules or guidelines that apply to this situation? Is selling USDC to USD taxable?
selling usdc usd taxable

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