RE: IRS Tax Rules for Cryptocurrency in 2018

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IRS Tax Rules for Cryptocurrency in 2018

in crypto-news •  7 years ago 

Your basis on the second exchange (from BTC to USD) would be the price of BTC in USD at the time of the exchange. If you traded your first crypto for BTC and then immediately to USD there would be no gain on the second transaction.

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7 years ago by

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