The Greatest Misconception US Crypto Traders Have About Taxes 🇺🇸

What is the greatest misconception US crypto traders have?
That you’re only taxed when you cash out to fiat. That’s just wrong.

In this video, we break down one of the most misunderstood crypto tax rules in the U.S.:
➡️ Every crypto swap, exchange, or stablecoin trade can be a taxable event
➡️ The IRS doesn’t care if you cashed out — they care if you gave up ownership
➡️ Staking and airdrops are considered income on the day you receive them
➡️ Selling junk coins before year-end can save you thousands

Whether you’re trading memecoins, farming airdrops, or just DCA'ing on Coinbase, this info could protect you from a surprise IRS tax bill in 2025.

💥 Don’t let a misconception wreck your tax season.

📘 Learn how to file crypto taxes the right way (even without a 1099):
https://www.youtube.com/playlist?list=PLlRL1XYAzH0lQlqJ4XIhHassQZHKGFVQK

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📜 Disclaimer
The content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.

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