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520 tax time essentials! WFH, sole traders, shares & crypto, super contributions, two jobs, rental properties + more

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How to Claim Profits and Losses From Cryptocurrencies

crypto ed very much the same as shares. So purchases a you pick up a cost base for and then sales treated as capital gains. The capital gains are taxed in your tax return at your marginal tax rate. And if you happen to be one of those unlucky people with a capital loss, you have to carry that forward indefinitely until you make a capital gain.

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