Cryptocurrency Taxes Explained in 9 Minutes

Welcome to the Crypto Crew! Thanks so much for all the overwhelming support, you guys are awesome! Would love to welcome you into our classes! Let's get you on the right track in Crypto! Links in description???

You can also use crypto losses to offset capital gains, not just on crypto capital gains, but gains on stocks and other assets as well. More info and some great resources in this article: https://hedgetrade.com/cryptocurrency-taxes-what-you-need-to-know/

For those who want to use the FIFO method in an automated fashion (for free): https://www.crypto-fifo.com

Great video. Thanks? Tax Question: Does one get taxed for their trading volume or gains and losses? I have a very high trading volume from trading-shorting 1 Bitcoin but I’ve have lost and have like .15 Bitcoin left. Please advice.

Good video If I have a high trading volume but have actually lost. Do I have to pay taxes on all the trades?

Hi Drew, it was nice meeting you. Here's the US tax calculator that I was telling you about.
2018 US Tax Calculator ( Annual Salary )
http://us.icalculator.info/tax-calculator/annual.html

If I buy some BTC and right away buy some crypto bc I want to hodl a certain coin how do I pay that tax were do I send money for the tax??

Thanks a lot. I learnt quite some few things here.

Where are you during all this turmoil bro?

hey steve hows your day goin i thought this was intersing especially number 10 https://www.ibtimes.co.uk/top-10-trends-blockchain-technology-2018-beyond-1665641 thanks for your good work

ICO Telegram is the best thing this year! I have high hopen on it http://www.tokentelegram.net

When did doing your taxes become this obscure thing that no one's ever heard of? It's called H&R block guys. The summary of this video: taxes are a thing that u might have to pay. Like i'm sure we didn't all pay them last year SMH

That black cat is bringing down the price…

Excellent options for next tax season. Thank you.

Taxation is anal rape with crunchy peanut butter at the end of a barrel of a gun.
Don't pay taxes, buy Monero.

Death and taxes You can't avoid them so you may as well make it as painless as possible.

Is it true that trades during 2017 are not taxable and you would only report to your taxes if you converted your crypto back to fiat (USD) during 2017?

Love the black cat at the background ?

I'm glad he is spreading this message. I was panicked and went to a professional firm and first thing I told her to do was file extension for me and "yes" I will have to make payments and I'm okay with the tax penalty. I can relax for now as she is working through my paperwork. Is there an app recommended for tracking trades?

We are a nation governed by law. So where is the law that you are quoting? Title 26? If it’s not there, it does not exist in law.
The power to tax is the power to destroy. You should panic over the fact that the rule of law in America has been overthrown.
Promoted by fools!

??Awsome job as always..
Thnx Stevoo

Whtz up Stevoo
Hawaii inda house..

Taxation is theft!

I am the first!!