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Questions tagged [magi-income]

316 questions

  • Hawkins OutzenJun 03, 2022 · 3 years ago5 answers

    Are there any tax benefits for cryptocurrency traders if standard deduction is included in MAGI?

    What are the tax benefits that cryptocurrency traders can enjoy if the standard deduction is included in their Modified Adjusted Gross Income (MAGI)? How does including the standard deduction affect the tax liabilities of cryptocurrency traders?

    Cryptocurrency
    Tax Benefits
    Standard Deduction
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