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If you just buy crypto coins with dollars, hold, and later sell, it's treated the same way as a stock. But if you get paid in BitCoin for services rendered, or
by not2b 5y ago
If you just buy crypto coins with dollars, hold, and later sell, it's treated the same way as a stock. But if you get paid in BitCoin for services rendered, or you trade one coin for another, that's a taxable event. It's complicated and you probably need a tax expert to do it right (I certainly don't qualify).