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Use FIFO, LIFO, HIFO Explained! Crypto Taxes Made Simple💡
FIFO, LIFO, HIFO—what do they mean, and how do they affect your taxes? In this video, we’ll break it all down:
👉 FIFO (First In, First Out) = Sell your oldest crypto first (bigger taxes in a bull market).
👉 LIFO (Last In, First Out) = Sell your newest crypto first (lower taxes in a bull market).
👉 HIFO (Highest In, First Out) = Sell the most expensive crypto first (smartest tax move).
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All opinions expressed by the show’s host and guests are their own. Do not construe them as tax, legal, or financial advice. In addition, they may not represent the policies or opinions of our sponsor, CryptoTaxAudit. Research legal, tax, and financial guidance and advice as needed.
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