TurboTax is one of the most popular tax preparation software programs available, and it now includes support for cryptocurrency reporting. If you have transactions involving Bitcoin, Ethereum, or any other type of digital asset, here’s how to report them on TurboTax. First, you’ll need to add a new cryptocurrency account to your TurboTax account. To […]
How To Report Crypto On Cash App Taxes
Cryptocurrencies are a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and […]
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How To Do Your Taxes With Crypto
Tax season is quickly approaching, and for those of you who have been lucky enough to make some money in the crypto world, you will want to make sure you are doing your taxes correctly. Filing your taxes with crypto can be a bit confusing, but with a little knowledge and some help from a […]
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What Happens If You Dont File Crypto Taxes
In most countries, if you don’t file a tax return, you will get a letter from the tax authority asking why you haven’t filed. If you still don’t file, the tax authority will eventually audit you. The penalties for not filing a tax return depend on the country, but can be very high. In the […]
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How To Sell Crypto Without Paying Taxes
When it comes to taxes, there are a lot of things that people don’t know. For example, a lot of people don’t know that you don’t have to pay taxes when you sell crypto. In this article, we’re going to teach you how to sell crypto without paying taxes. The first thing you need to […]
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