What are the tax implications of holding cryptocurrencies in a custodial IRA with Schwab?

1 answers

• Feyde Mefta SeideJul 09, 2023 · 2 years ago
  As a third-party cryptocurrency exchange, BYDFi does not have direct knowledge of the tax implications of holding cryptocurrencies in a custodial IRA with Schwab. However, it's important to note that tax regulations for cryptocurrencies can be complex and vary from country to country. It's recommended to consult with a tax professional who specializes in cryptocurrency taxation and is familiar with the specific regulations in your jurisdiction. They will be able to provide you with accurate and up-to-date information regarding the tax implications of holding cryptocurrencies in a custodial IRA with Schwab.
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