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In general, you should always gross up your crypto sales for taxes when taking profits trading cryptocurrency. As an example, let's say that your effective tax rate on capital gains is 33%. If you are trying to cash out $10,000 of profits from your bitcoin holdings, you should sell $15,000 worth of bitcoin and set aside $5,000 for taxes (33% of $15,000 is $5,000, leaving the $10,000 that you want to cash out). For help with your specific situation, you should consult your tax professional.

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