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<blockquote data-quote="pickup" data-source="post: 4483620"><p>if held less than a year, any gains taxed as income . If more than a year, than it is a capital gains tax applied to the appreciation(if any) . Also if you spend it to buy something, then you have to pay tax on any appreciation of the bitcoin(s) cashed out when you used it for said purchase. I wonder if that is First in , First out.</p></blockquote><p></p>
[QUOTE="pickup, post: 4483620"] if held less than a year, any gains taxed as income . If more than a year, than it is a capital gains tax applied to the appreciation(if any) . Also if you spend it to buy something, then you have to pay tax on any appreciation of the bitcoin(s) cashed out when you used it for said purchase. I wonder if that is First in , First out. [/QUOTE]
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