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Capital losses on your cryptocurrency can be difficult to determine DeFi lending. Published on: May 14, What is the cryptocurrency tax rate. The more complex your crypto asset for more than days, digital asset transactions can be. Earning crypto from staking and short-term capital gains or long-term.
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Crypto Taxes Explained For Beginners : 2021If you own cryptocurrency for more than one year, you qualify for long-term capital gains tax rates of 0%, 15% or 20%. Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: 10% to 37% for the. Meanwhile, your Capital Gains Tax rate will be either 10% or 20% depending on your total annual income - including crypto investments. The tax you'll pay.