Jack ProJan 11, 2022 · 3 years ago7 answers What are the tax implications of trading cfds on cryptocurrencies in the US?
I would like to know more about the tax implications of trading contracts for difference (CFDs) on cryptocurrencies in the United States. What are the specific tax rules and regulations that apply to this type of trading? How are profits and losses from CFD trading on cryptocurrencies taxed? Are there any deductions or exemptions available for CFD traders? I want to ensure that I am fully compliant with the tax laws when engaging in this type of trading activity.