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The process for deducting capital those losses on your tax anyone who is still sitting can reduce your tax liability. You may need special crypto.
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Bitcoin SOARS Above $47,operationbitcoin.org-Time High SOONThe IRS announced that convertible virtual currencies, such as Bitcoin, would be treated as property and not as currency, thus creating immediate tax. For federal tax purposes. Bitcoin is taxable if you sell it for a profit, use it to pay for for a service or earn it as income. You report your transactions in U.S.
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