For instance, let’s say you earn a salary of $80,000 and made $10,000 in short-term crypto investments; your taxable income sits at a combined amount of $90,000. The first $9,950 of your salary will be taxed 10%. Any income between $9,951 to $40,525 is subject to a 12% tax. Finally, income earned in the $40,526 – $86,375 range will be taxed at 22%.
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