Cryptocurrency Q&A Are cryptocurrencies subject to capital gains tax?

Are cryptocurrencies subject to capital gains tax?

CherryBlossomDancing CherryBlossomDancing Tue Feb 25 2025 | 4 answers 876
I'm wondering if cryptocurrencies are taxed as capital gains. I've heard mixed information and want to know the definitive answer on whether my crypto investments will be taxed if I sell them for a profit. Are cryptocurrencies subject to capital gains tax?

4 answers

Giulia Giulia Thu Feb 27 2025
Selling or gifting cryptocurrency triggers this tax.

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Nicolo Nicolo Thu Feb 27 2025
Cryptocurrency dispositions are often subject to capital gains tax.

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Leonardo Leonardo Wed Feb 26 2025
Trading one cryptocurrency for another is also taxable.

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CryptoBaron CryptoBaron Wed Feb 26 2025
Using cryptocurrency to make a purchase is considered a taxable event.

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