Though I love personal finance I always drag my feet on filing taxes. If I bought USDC coin and then bought bitcoin after, would that be a taxable event? I know exchanging crypto currency’s are a taxable event but USDC coin is pegged to the dollar so it’s only ever a dollar. So I think it’s not something that needs to be reported but I’d like to know if I’m wrong and about to fuck my self via the IRS.
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