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Crypto Tax Reporting (Made Easy!) - top.bitcoinlanding.shop / top.bitcoinlanding.shop - Full Review!Getting paid in crypto: If you were paid in crypto by an employer, your crypto will be taxed as compensation according to your income tax bracket. Getting. Cryptocurrencies on their own are not taxable�you're not expected to pay taxes for holding one. The IRS treats cryptocurrencies as property for tax purposes. Consequently, the fair market value of virtual currency paid as wages, measured in U.S. dollars at the date of receipt, is subject to Federal income tax.