Tax Rules for Buying and Selling Bitcoin and Other Crypto
Mat Sorensen
March 24, 2021

From my article on Entrepreneur

When you buy Bitcoin and sell it for a profit you are subject to capital-gains taxes. This is the case whether you buy Bitcoin and sell it for dollars or whether you exchange it for other cryptocurrency for a profit. This is also the case if you buy Bitcoin, it goes up in value and then you exchange the Bitcoin for goods or services.

Read the article on Entrepreneur here.