Quick Read

• The IRS treats crypto as property, so holding Bitcoin through a 31% gain triggers zero tax until you sell, swap, or spend it.

• Swapping Bitcoin for Ethereum counts as a sale, and staking rewards must be reported as income on Schedule 1, line 8v.

• Gains held over a year qualify for lower long-term capital gains rates; assets held a year or less are taxed at ordinary income rates.

• It sounds nuts, but SoFi is giving new Active Invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

Bitcoin (CRYPTO:BTC) holders who experienced a 31% gain in 90 days without selling typically don’t owe any crypto tax…