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| 0013442 bitcoin | Full support for the unique ATO reporting requirements, including Australian specific rules around personal-use, mining, staking, and airdrops. How much tax you owe on your crypto depends on how much you spend or exchange, your income level and tax bracket, and how long you have held the crypto you used. When you sell them, deduct an equivalent proportion of the pooled cost from the pool. Click to expand. Liya Dashkina liyadashkina. If you receive an audit letter from the IRS or State Department of Revenue on your TurboTax business return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our Audit Report Center , for audited business returns filed with TurboTax for the current tax year. The tax expert will sign your return as a preparer. |
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| Crypto.com tax help | Accept additional cookies Reject additional cookies View cookies. Partner Links. Full support for the unique ATO reporting requirements, including Australian specific rules around personal-use, mining, staking, and airdrops. This in-depth guide breaks down the details of DeFi taxes in Australia so you can file with confidence. Tax tips. Taxes are due when you sell, trade or dispose of your cryptocurrency investments in any way that causes you to recognize a gain in your taxable accounts. |
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