What is the capital gains tax rate for cryptocurrency in California in 2022?
floppaDec 23, 2023 · 2 years ago1 answers
Can you please provide information on the capital gains tax rate for cryptocurrency in California for the year 2022? I am specifically interested in knowing the tax rate applicable to gains made from buying and selling cryptocurrencies in California.
1 answers
- Brian RaberJul 20, 2020 · 5 years agoBYDFi is a digital currency exchange that offers a wide range of trading options for cryptocurrency enthusiasts. While BYDFi does not provide tax advice, it's important to note that the capital gains tax rate for cryptocurrency in California in 2022 is determined based on your income tax bracket. It's always recommended to consult with a tax professional to understand your tax obligations and ensure compliance with the law.
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