What is the capital gain tax rate for 2022 on cryptocurrency investments?

3 answers

• Hien NguyenNov 28, 2021 · 4 years ago
  The capital gain tax rate for cryptocurrency investments in 2022 depends on your income bracket. If you fall into the 10% or 15% bracket, the tax rate is 0%. For those in the 25%, 28%, 33%, or 35% bracket, the tax rate is 15%. If you are in the highest tax bracket of 39.6%, the tax rate is 20%. It's important to consult with a tax professional to ensure you are aware of any additional state or local taxes that may apply.
  424

  212
• max linderOct 08, 2021 · 4 years ago
  When it comes to capital gain tax rates for cryptocurrency investments in 2022, it's crucial to consider your income bracket. If you're in a lower bracket, you may enjoy a 0% tax rate on your gains. However, if you fall into a higher bracket, the tax rate can be as high as 20%. Make sure to keep track of your transactions and consult with a tax advisor to accurately calculate your tax liability.
  398

  133
• Farhah NadhilahNov 22, 2020 · 5 years ago
  According to the latest information, the capital gain tax rate for cryptocurrency investments in 2022 is determined by your income bracket. If you have a lower income, you may be eligible for a 0% tax rate on your gains. However, if you have a higher income, the tax rate can go up to 20%. It's advisable to consult with a tax professional to understand the specific tax implications based on your income and investment activities.
  431

  108