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Crypto Tax Breaks USA:
- Hold your crypto for over 1 year to pay 0-20% on long-term gains.
- Gift up to $18,000 of crypto per recipient per year without reporting tax.
- You pay 0 long term capital gains if under $47,025 in taxable income.
CoinLedger
4,003 posts
CoinLedger
@CoinLedger
Crypto taxes done in minutes. The #1 Crypto Tax Software.
Track your portfolio, get your tax forms. For support, please email [email protected].
Joined February 2018
- BREAKING: Germany announces that BTC or ETH held for more than 1 year can be sold tax free.
- OUR BIGGEST GIVEAWAY EVER 🥳🙌 To celebrate our coming DeFi & NFT tax reporting launch - We’re giving away $3000 worth of ETH All you have to do to enter is Retweet this tweet and follow our account so we can DM the winners 3 random winners, $1000 each, ends in 2 days!
GIF - The following are not taxable: - Buying crypto with fiat (e.g BTC for USD) - HODLing crypto - Transferring coins from one wallet or exchange to another - Gifting crypto (under 15K per person per year) - Donating crypto to a 501(c)(3) nonprofit organization
- IRS: Hey, you owe us money. It's called taxes Me: How much do I owe? IRS: You have to figure that out Me: Ok so I just pay what I want? IRS: Oh, no we know exactly how much you owe. But you have to guess that number too. Me: What if I get it wrong? IRS: You go to prison
- Should we drop 1,000 limited edition tax NFTs that give you unlimited access to our software for life?
- Automatic tax reporting for @Cardano is now live on CoinLedger 🚀 Just add your wallet address! CoinLedger imports all of your Cardano-based transactions, calculates your gains & losses, and auto-generates your country’s necessary tax forms. @IOHK_Charles @Cardano_CF 🧵👇🏻..
00:00 - One benefit of a market downturn: You can save a TON of $$$ on your tax bill for next year with this one simple crypto tax loop hole. How? Read on, and let's break it down 👇 🧵..
- How much tax are you going to have to pay on your #Bitcoin , DeFi, and crypto gains? It actually will be different for everyone! Tax %'s are dependent on the amount of time you held your crypto as well as your personal income tax bracket. Let's break it down in this thread 👇
- You asked, we listened. 📢: Our team will be launching a brand new crypto tax app, 'CoinLedger', that automatically supports NFT and DeFi tax reporting later this year. Get early access before the general public by signing up for the waitlist. 🧵👇.. cryptotrader.tax/coinledger-wai…
- 10 ways to (legally) reduce your cryptocurrency taxes:
- EVERYTHING you need to know about Crypto & Taxes. Crypto markets are at ATH, and the U.S. gov. is cracking down. If you want to go to the moon, you simply have to understand the rules of the game. You have to understand how crypto income is taxed. Time for a thread 👇
