Tax
How are Bitcoin gains taxed?
Quick Answer
The IRS treats Bitcoin as property, not currency. Selling, trading for another crypto, or spending BTC is a taxable event — gain equals proceeds minus cost basis. Long-term gains (held over 1 year) get 0/15/20% rates; short-term are ordinary income.
Warren Team
Updated April 26, 2026
37
Warren Team
Updated April 26, 2026
37
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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