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DAI · 18w

ETH to DAI taxes?

I was wondering, say you make a 20% return on ETH and you want to cash out, but you only held it for 3 months, if you convert it to DAI for 9 months and then turn back to ETH and cash out, assuming the price of eth didn't change, are you now considered to have held your ETH for a full year to get the long term capital gains tax, or does getting the DAI count as a exchange like ETH to Bitcoin would?
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