Chinaya BanarasJan 08, 2022 · 3 years ago6 answers What are the tax implications of owning Shiba Inu cryptocurrency in New York?
I would like to know more about the tax implications of owning Shiba Inu cryptocurrency in New York. Can you provide some insights on how the ownership of Shiba Inu cryptocurrency is taxed in New York? What are the specific regulations and guidelines that individuals need to follow? Are there any exemptions or deductions available for Shiba Inu cryptocurrency owners in New York? How does the tax treatment differ for short-term and long-term holdings of Shiba Inu cryptocurrency in New York?