Ankit AntilDec 16, 2021 · 3 years ago6 answers What are the tax implications of earning cashback on credit card transactions with cryptocurrencies?
I would like to know the tax implications of earning cashback on credit card transactions with cryptocurrencies. How does the tax system treat cashback earned through credit card transactions involving cryptocurrencies? Are there any specific rules or regulations that apply to this type of earning? What are the potential tax liabilities and obligations that individuals should be aware of when earning cashback on credit card transactions with cryptocurrencies?