When do i pay taxes on crypto

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Administrative services may be provided by assistants to the tax expert. Self-Employed defined as a return with a Schedule C tax form. Printing or electronically filing your return reflects your satisfaction with TurboTax Online, at which time you will be required to pay or register for the product. The rules are different for those who mine cryptocurrency. The IRS estimates that only a fraction of people buying, selling, and trading cryptocurrencies were properly reporting those transactions on their tax returns.