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Just to clarify: there's no such thing as "US crypto taxes". There are taxes, levied on things like income and capital gains. Crypto transactions can constitute
by dboreham 4y ago
Just to clarify: there's no such thing as "US crypto taxes". There are taxes, levied on things like income and capital gains. Crypto transactions can constitute taxable events same as trading any other kind of asset can.
In this case it sounds like this TaxBit software is buggy / not full featured and shouldn't be relied upon. Same applies in some cases to TurboTax also, but you'd think it would be possible to handle such a simple scenario correctly.