Bengtson BoyetteNov 23, 2021 · 3 years ago6 answers Are cash app transactions subject to capital gains tax in the cryptocurrency market?
I would like to know if cash app transactions are subject to capital gains tax in the cryptocurrency market. Specifically, if I use the cash app to buy or sell cryptocurrencies, will I be required to pay capital gains tax on any profits made from these transactions? I am interested in understanding the tax implications of using the cash app for cryptocurrency transactions.