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deleted.user.18 said:As long as you don't sell crypto for fiat currency I don't think you create a taxable event. Like, buy crypto, spend it, -poof- gone. it's when you buy it and then sell it you create a capital gain or loss, and they're MOSTLY interested in your gains. But what do I know, I've only been studying taxes my whole life...
Are you sure? That's not how I read IRS Publication 544. https://www.irs.gov/pub/irs-pdf/p544.pdf. That publication states, in part: "Amount realized. The amount you realize from a sale or exchange is the total of all the money you receive plus the FMV (defined below) of all property or services you receive."

