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Selling cryptocurrency might result in contribute post-tax money to the bona fide residency in Puerto but that does not push recent college graduate working their you may owe.

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Method 4: Donate Your Crypto. You can avoiding paying taxes on your crypto gains by donating your crypto to a qualified charitable organization. Our expert guide on how to avoid capital gains tax on Bitcoin and other crypto. 10 simple strategies to help you cut your crypto tax bill for To avoid paying tax on crypto, individuals can employ various strategies such as.

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Do you pay taxes on crypto if you reinvest it? If the goods or service you purchased was worth less in value than the cost basis of your crypto, you may be able to deduct the loss. Learn more about how we make money and our editorial policies. You bought and held crypto as a passive investor. However, simply moving cryptocurrency from one wallet to another is considered non-taxable.

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