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But the motives are not just sentimental. So as of now the staying or leaving the U. Nut has no regrets.
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CRYPTO TAX LAWYER Explains: How to LEGALLY Avoid Crypto TaxesDo you pay taxes on crypto in the U.S.? You're required to pay taxes on crypto. The IRS classifies cryptocurrency as property, and cryptocurrency transactions. Buying crypto with cash and holding it: Just buying and owning crypto isn't taxable on its own. � Donating crypto to a qualified tax-exempt charity or non-profit. Cryptocurrency is classified as property by the IRS. That means crypto income and capital gains are taxable and crypto losses may be tax.