If crypto is a commodity, people still owe the same capital gains tax. The IRS h... | Hacker News

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		DennisP on June 29, 2022 \| parent \| context \| favorite \| on: Bitcoin is the only coin the SEC Chair will call a... If crypto is a commodity, people still owe the same capital gains tax. The IRS has been giving tax guidance on crypto for years; any US person in crypto with half a brain has been following it.

mirntyfirty on June 29, 2022 [–]

Agreed. I was providing an example whereby a person could end up in jail from participating in crypto.

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