The scoring formula for online capital gains tax rates, which apply to cryptocurrency twxes are the same as the federal choices, customer support and mobile.
The IRS and state and territory tax departments have FAQ pages and webpages discussing digital asset tax accounting and related publications. There are no legal ways to avoid paying taxes on your crypto except not using it. For the financial year and assessment year , you will need to declare your cryptocurrency taxes using either the ITR-2 form if reporting as capital gains or the ITR-3 form if reporting as business income. For example, you might recommend that clients set aside enough money to cover taxes or inform them of their likely tax rate.
