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New Mexico has not addressed the status of virtual currency the tax treatment of virtual other virtual currency.
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How to Pay Zero Tax on Crypto (Legally)Florida. Florida has no state income tax and exempts crypto businesses from money transmission licenses. Florida has also launched a program. You'll pay Federal & State Income Tax on crypto short-term capital gains when you've sold, swapped, or spent crypto you've held less than a year. You'll pay. State-Specific Considerations in Florida While federal regulations apply across the United States.
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