State Tax Rates Vary Widely for Cryptocurrency Gains
Cryptocurrency gains are taxed as property by the IRS, with state rates differing significantly. Six states impose the highest taxes, up to 13.3% in California, while about ten states levy no tax.
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Cryptocurrency gains are taxed as property by the IRS, with state rates differing significantly. Six states impose the highest taxes, up to 13.3% in California, while about ten states levy no tax.