How is cryptocurrency taxed in South Dakota?
I have $110,000 in crypto and live in Los Angeles. Are crypto-to-crypto trades taxable from South Dakota?
Attorney Answer
1
Atty. ·
Tax problems in South Dakota get worse with time — penalties, interest, and enforced collection compound. Respond to every IRS notice on time even if just to dispute it; the procedural windows (90 days for Tax Court, 30 days for CDP) are unforgiving.
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