Is Transferring Crypto a Taxable Event?

Is Transferring Crypto a Taxable Event?


Cryptopolitan
2022-10-14 21:24:58

According to the Internal Revenue Service (IRS), most cryptocurrencies are convertible virtual currencies. They may therefore be used in place of actual money and serve as a medium of exchange, a store of value, a unit of account, and a unit of worth. Additionally, it implies that any earnings or revenue derived from your cryptocurrencies … Is Transferring Crypto a Taxable Event? Read More »