I've invested in eth by staking Eth on Rocket Pool. Assume this eth is worth 10% more in 2 years.
Fast forward 2 years into the future, I use that Eth to make a purchase of a motorcycle.
Do I pay taxes to the US government for buying that motorcycle or for using my Eth that went up in value (long term capital gains)?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments