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  1. Home
  2. Taxation
  3. Crypto Taxes
  4. Tax obligation on someone who doesn't pay any income tax.

Tax obligation on someone who doesn't pay any income tax.

Scheduled Pinned Locked Moved Crypto Taxes
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  • K Offline
    K Offline
    Kavis
    wrote on last edited by
    #1

    I don't have any regular income, but I purchased cryptocurrency and am using it to buy something. In this case, what are the possible tax requirements, if any? (BTW, I don't pay any income tax.)

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  • S Offline
    S Offline
    Siddarth
    wrote last edited by
    #2

    Even without regular income, buying anything with cryptocurrency is considered a taxable event. You have to pay 30% tax on any gains made from crypto transactions.

    1 Reply Last reply
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