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BTC · 3w

"Buying" bitcoin in paypal tax question

How does taxes work for bitcoin being held on PayPal accounts? If I buy 12k and sell or even buy service/product at 14k, do I have to claim 2k in taxes? (Let's say the product was worth all 14k for simplicity). Seems like a lot of complicated steps for an average person to wrap their head around.
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