re: Official CryptoTalk Thread

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So regarding taxes, every time I swapped a coin for another coin, I technically sold property as a short term gain? So do I report the hundreds of transactions as such?

Also the way this works (since short term losses are capped) could be:

You made $10,000 then lost $20,000

But you’d report you made $7,000 to be taxed because the cap for losses is only $3,000?

Wtf is this right?

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