Nhung NguyễnDec 26, 2021 · 3 years ago7 answers What is the tax status for day traders in the cryptocurrency market?
As a day trader in the cryptocurrency market, I would like to know what is the tax status for my trading activities. How are the profits and losses from cryptocurrency trading taxed? Are there any specific regulations or guidelines that I need to be aware of? Can I deduct any expenses related to my trading activities? What are the reporting requirements for cryptocurrency traders? I want to make sure that I am compliant with the tax laws while maximizing my profits.