Shravani KuragayalaNov 27, 2021 · 3 years ago6 answers What are the tax implications of using Hancock IRA for cryptocurrency investments?
Can you explain the tax implications of using Hancock IRA for investing in cryptocurrencies? I am considering using Hancock IRA for my cryptocurrency investments, but I want to understand how it will affect my taxes. What are the specific tax rules and regulations I need to be aware of? Will I be subject to capital gains tax? Are there any tax advantages or disadvantages to using Hancock IRA for cryptocurrency investments?