How can I legally and safely pay zero taxes on my cryptocurrency gains?
Do you need to report and pay U.S. federal income tax on gains and profits from cryptocurrency? What about gains from stocks, bonds, real estate, and other investments? Can you legally and safely eliminate income taxes on the money you make through cryptocurrencies? Near the beginning of IRS Form 1040, there's a question: "During 2023, did you receive, sell, exchange, or otherwise dispose of a digital asset (or any financial interest in a digital asset)? Yes or No?" Do you wonder whether you should answer this digital asset question with Yes or No?
If you've earned capital gains from assets such as cryptocurrencies (referred to as "virtual currencies" by the IRS), stocks, bonds, real estate, commodities, would you like to eliminate your income tax liability on these gains?
In this week’s Freedom Hour, Peymon will address these questions and explain the tax laws that apply to appreciations in value from holding these assets or profits from their sale, whether short-term or long-term.
For over 28 years, Freedom Law School has helped many Americans live free from IRS deception, robbery, and slavery. You can live free now with Freedom Law School’s 100% Guarantee against civil and criminal lawsuits. Take the 7 Steps to income tax freedom on our website, FreedomLawSchool.org.
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