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Is it possible to convert eg. BTC to ETH and pay capital gains tax only when you sell and convert crypto into USD?

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    Does this answer your question? How to report the tax if I trade BTC to LTC? Mar 16 at 9:11
  • No, it's outdated, 4 years ago.
    – user133090
    Mar 16 at 10:08
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    I’m voting to close this question because bitcoin.stackexchange is not the appropriate place to ask about taxstion questions (especially when OP doesn't even mention which jurisdiction they reside in).
    – chytrik
    Mar 16 at 21:39

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https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions

(Retrieved 2022-03-16)

Q16. Will I recognize a gain or loss if I exchange my virtual currency for other property?

A16. Yes. If you exchange virtual currency held as a capital asset for other property, including for goods or for another virtual currency, you will recognize a capital gain or loss. For more information on capital gains and capital losses, see Publication 544, Sales and Other Dispositions of Assets.

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as per my understanding, any sell event is a taxable event. Even if that event is converting a crypto.

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