Strongcrypto Tax Soft
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FAQs for Strongcrypto Tax Soft
What is cryptocurrency?
Cryptocurrency is a decentralized form of money. Unlike the U.S. dollar, no central authority manages the currency. Instead, a public ledger is use...Read more
Do I need to pay taxes on cryptocurrency?
It depends. If you transfer cryptocurrency from a wallet to another account that belongs to you, you’re not required to pay taxes. However, you may...Read more
How do I report cryptocurrency on my tax return?
If you sell cryptocurrency, you must report it on your Form 1040 tax return, using both Form 8949, “Sales and Other Dispositions of Capital Assets”...Read more
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