Premium Only Content

WAIT Before You Cash Out Your Crypto MILLIONS! Save Big on Capital Gains Taxes
JOIN THE TAX-FREE WEALTH CHALLENGE NOW! AUGUST 5-9 2024!
https://join.taxalchemy.com/join-thechallenge?utm_source=youtube
TAKING THE NEXT STEP:
Join The Tax Strategy Accelerator Community â–¶ https://www.taxstrategyaccelerator.com/?utm_source=youtube
Download the Short-Term Rental Rule E-Book! â–¶ https://ebook.taxalchemy.com/?utm_source=youtube
Book a Professional Tax Strategy Consultation â–¶ https://www.taxalchemy.com/consultation-survey?utm_source=youtube
Watch this FREE Webinar on How to Cut Your Tax Bill in Half as a Real Estate Investor â–¶ https://join.taxalchemy.com/registration?utm_source=youtube
Get Help Setting up Your LLC, Now â–¶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink=&afftrack=
Cryptocurrency investing has been rising in popularity over the past ten years. However, even though more and more people are investing in crypto, many people are confused about how taxation works for cryptocurrency. In this video, tax expert Karlton Dennis explains everything that you need to know about cryptocurrency taxes.
This video provides a cryptocurrency tax guide for beginners. It explains whether or not cryptos are taxed, how capital gains taxes work for cryptos, what your crypto tax obligations are if you hold your coins long-term and do not sell, and more.
The video also covers how taxes work for cryptocurrency staking, which is another form of generating profit with cryptocurrency in addition to simply holding the underlying assets. Further, the video explains how crypto taxes work if you trade one crypto for another such as Bitcoin for Ethereum or Ethereum for Cardano.
CHAPTERS:
0:00 Intro
0:32 Are Cryptocurrencies Taxed?
1:15 HODLers: What if You Don’t Sell Your Crypto?
2:18 How Much Will I Owe in Capital Gains Taxes?
5:37 Trading One Crypto for Another
7:13 Staking Rewards
9:25 Can the IRS Track Crypto Activity?
10:33 Outro
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
#crypto #cryptotaxes #ethereum #cryptocapitalgains
-
10:04
Karlton Dennis
15 days agoHow to Deduct Travel Expenses (Without Getting Audited!)
12 -
59:58
VINCE
3 hours agoThey Have No Legs To Stand On | Episode 86 - 07/16/25
174K167 -
LIVE
Benny Johnson
2 hours agoTrump Speaking LIVE After Calling for DOJ to Release ALL Files: ‘Give Them Everything...'
10,649 watching -
LIVE
The Big Migâ„¢
4 hours agoTim Waltz is….Hitman? Agent 69, Tampon Terminator
5,314 watching -
LIVE
LFA TV
15 hours agoLFA TV ALL DAY STREAM - WEDNESDAY 7/16/25
4,930 watching -
25:07
Viss
1 hour ago🔴LIVE - Improve Your Battle Royale Tactics with These Strategies! - PUBG
3.36K1 -
LIVE
Caleb Hammer
2 hours ago$400,000+ Of LGBT Debt | Financial Audit
143 watching -
LIVE
Bannons War Room
4 months agoWarRoom Live
14,796 watching -
2:21:36
Matt Kohrs
12 hours agoMarket Open: Inflation Report, Trade News & Earnings || Live Trading
30.8K4 -
52:58
LindellTV
1 day agoLIVE: DOJ Targeting of Parents Exposed — Watch the Capitol Hill Presser
17.3K