Ultimate Crypto Tax Guide (Do This BEFORE Filing)

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Doing taxes on your crypto gains can be a nightmare.

Because of the volatility of coins, tokens, and NFTs – tracking your real world capital gains can get messy pretty quick.

And since crypto is a relatively new way of investing, many investors will try to fly under the government’s radar.

But I’m here to say that that isn’t the smartest move.

Failing to report your capital gains from crypto correctly could land you with significant fines… And set you back by more money than you made in profit.

But – I want to make things simpler for you.

This is the best guide on the internet on how to do your crypto taxes

We will cover:
Crypto short term capital gains
Crypto long term capital gains
Crypto bot tax
Defi taxes
Crypto lending taxes
Crypto staking taxes
And crypto tax tricks

0:00 Intro
0:50 Do you need to pay tax on your crypto trades?
1:30 3 big events
1:32 Selling your crypto assets are 1 year - Long term capital gains
2:20 Selling your crypto assets within 1 year - Short term capital gains
3:02 Taxes on using crypto to pay for things
3:40 How to account for crypto transactions
4:30 Tax on swapping your crypto for another crypto
5:00 Free crypto tax calculator
6:20 How NFTs are taxed
6:43 How to use capital loses to your advantage
7:40 Crypto defi taxes
8:10 Taxes on staking crypto
8:40 Taxes on lending your crypto (type 1)
9:42 Taxes on lending your crypto (type 2)
10:08 Taxes on crypto bots
10:30 How to write off expenses as a professional crypto trader
11:10 Other crypto tax tracking methods

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*I am not a financial advisor. This is not financial advice*