If you’re a married couple filing collectively, the usual deduction is now $25,a hundred. If you’re single, you’ll have the ability to declare a $12,500 standard deduction. You get an $18,800 deduction as head of household. If you’re over 65 or blind, you get an extra deduction of $1,350. TurboTax and H&R Block support reporting cryptocurrency transactions and have articles that will help you with it. TurboTax particularly has a information to cryptocurrency and your taxes.
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