jhk yzjDec 28, 2021 · 3 years ago6 answers What are the tax implications of cashing out cryptocurrency in the United States?
I would like to know more about the tax implications of cashing out cryptocurrency in the United States. What are the specific rules and regulations that individuals need to be aware of when it comes to reporting and paying taxes on their cryptocurrency earnings? Are there any exemptions or special considerations for cryptocurrency transactions? How does the IRS classify cryptocurrency for tax purposes?