Changelly

Cryptocurrency

What To Know About Bitcoin And Taxes

6 Mins read


A professional tax advisor explains the key things for Bitcoiners to know when filling out their returns for 2021.

Source: greentradertax.com.

Yes, it’s that time of year again. The new year is upon us and we all need to start gathering tax documents. Fun stuff, right? And if you’ve invested in bitcoin or sold bitcoin, then things get really fun.

The below list of items is meant to help you understand the most critical aspects for tax filing when it comes to bitcoin. And it should be noted that this specifically covers U.S. taxes (though U.K. regulations are very similar).



Source link

Related posts
Cryptocurrency

Luna Foundation Guard Discloses Usage of Bitcoin Reserves – Bitcoin News

2 Mins read
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed…
Cryptocurrency

Solana TVL Sees Sharp Decline, Reaches 2022 Low

2 Mins read
When Solana’s price hit new lows near $54, the total value locked (TVL) for the token also declined to a historical low….
Cryptocurrency

Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5K

2 Mins read
Bitcoin (BTC) returned to $30,500 on May 17 amid hopes that a retest of 2017 highs could be avoided. BTC/USD 1-hour candle…

Leave a Reply

Your email address will not be published. Required fields are marked *