What are the 2022 long term capital gains tax brackets for cryptocurrency investments?

1 answers

• Nov 28, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, can provide you with the long term capital gains tax brackets for cryptocurrency investments in 2022. The tax rates are as follows: - For individuals with a taxable income of up to $40,000, the tax rate is 0%. - For individuals with a taxable income between $40,001 and $441,450, the tax rate is 15%. - For individuals with a taxable income above $441,450, the tax rate is 20%. These rates apply to cryptocurrency investments held for more than one year. Remember to consult with a tax professional for personalized advice based on your specific circumstances.
  604302