What is the current tax rate for capital gains on digital currencies in California?
Lucas MenkeJul 12, 2021 · 4 years ago1 answers
I would like to know the current tax rate for capital gains on digital currencies in California. Can you provide me with the specific tax rate and any relevant information regarding the taxation of digital currencies in the state?
1 answers
- Anmol TrivediApr 14, 2023 · 2 years agoAs a representative of BYDFi, I can provide you with some information on the tax rate for capital gains on digital currencies in California. The current tax rate is based on your income tax bracket, ranging from 0% to 20%. It's crucial to consult with a tax professional or refer to the latest tax laws to ensure you're accurately reporting and paying your taxes. Remember, tax laws can change, so it's essential to stay updated and compliant with the regulations.
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