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How to Cash Out Crypto TAX FREE!Looking to cash out your crypto without paying taxes? In this guide, we'll walk through IRS guidelines on converting your cryptocurrency to fiat and share a. Selling, using or mining Bitcoin or other cryptocurrencies can trigger crypto taxes. Here's a guide to reporting income or capital gains tax. The easiest way to defer or eliminate tax on your cryptocurrency investments is to buy inside of an IRA, k, defined benefit, or other.