Capital Gains Tax vs Schedule D
Quick comparison to help you distinguish these two crypto terms.
Capital Gains Tax
beginner
fundamentals
A government tax applied to the profit earned when you sell or dispose of an asset, such as cryptocurrency, for more than its original purchase price.
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intermediate
fundamentals
An IRS tax form that summarises total capital gains and losses for the year by aggregating data from Form 8949, producing the net capital gain or loss figure reported on the main tax return.
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