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Cryptocurrency Mining Taxes Explained for Beginners - CoinLedgerIf you earn cryptocurrency from mining, receive it as a promotion or get it as payment for goods or services, it counts as regular taxable. Crypto mining rewards are taxed as income upon receipt in the US (and most other countries!), meaning you'll pay Income Tax on crypto mining rewards. Crypto miners will generally face tax consequences (1) when they are rewarded with cryptocurrency for performing mining activities, and (2) when they sell or.
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