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LBRY Claims • december-tax-trap-every-crypto-trader

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17 Dec 2020 15:21:15 UTC
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DECEMBER TAX TRAP EVERY CRYPTO TRADER MUST KNOW!
Not understanding cryptocurrency taxes can get a trader into a lot of trouble with the IRS. By understanding the December crypto tax trap that I will explain in this video, a user may avoid trouble with the IRS, minimize loses, and maximize profits. In addition, by employing methods such as tax loss harvesting/wash sales or trading within a ROTH IRA, a trader may benefit from paying less tax. (I am not a licensed tax professional. This is not tax advice. Seek out assistance from a tax professional for your personal tax needs).
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Time Stamps:
Intro - 0:00
Tax Trap - 1:17
Stocks/Crypto Write Offs - 4:33
Wash Sale - 5:42
Trade Tax Free With Roth IRA - 7:16

Support Me On Patreon Here ? https://www.patreon.com/TheBitcoinExpress

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Twitter : https://twitter.com/The_BTC_express
Instagram: https://www.instagram.com/the_btc_express/

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DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make. This description may contain affiliate links for products that I believe in and use personally. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support.

#crypto #cryptotax
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https://www.youtube.com/watch?v=jYGRcslfIyY
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