⚠️URGENT CRYPTO TAX MESSAGE

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There are 3 ways to calculate crypto taxes in the US. Make sure to choose the best method that fits your trading/investing style. This is an urgent crypto tax message with the US tax deadline around the corner.

🔥Open a Roth IRA to Grow Your Crypto TAX-FREE🔥
NO MORE MONTHLY FEES!!
Get $100 in Bitcoin For Free!

🇺🇸Crypto Taxes STRESS-FREE With CryptoTrader🇺🇸
Promo code: CRYPTOTAX10

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FOLLOW ME FOR GIVEAWAYS!!
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🔒Keep Your Crypto Safe With Ledger Nano🔒

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Time Stamps:
FIFO - 0:00
Short vs Long Term Capital Gains - 3:27
LIFO - 6:10
HIFO - 8:22
Tax Calculators - 10:16
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DISCLAIMER: This is NOT financial or legal advice. I am just offering my opinions. I am not responsible for any investment or legal decisions that you choose to make. This description may contain affiliate links for products that I believe in and use personally. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support.
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Man, you just keep bringing great content!

ginabina
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The way u teach hits that sweet spot in my brain

iLostMyParents
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Here's one crypto tax tip I learned today while doing my taxes. If you sell a stablecoin, the taxes pay on that should be zero because the prices are stable and don't really change much. So for example, if you pay 2000 USDC for some ETH, and the gas fee for that ETH is $100 then your cost basis would be $2100 dollars. The only time you would pay taxes on stablecoins is if there is see arbitration difference, or if the coin generated yields.

spektred
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Good vid. Thanks for the good information.

flextrading
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That sweater is frickin awesome! Gow do i get one?

donttakeeverythingthatsfre
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Are you going to do a vidio about nf6s you bought this week those really are the best

kingsleyeaston-grant
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how can you count anything in crypto as a gain until you have fiat in an FDIC insured bank? It can be stolen at any point until that its safe in FDIC insured bank. Can you not use this argument to claim long term capital gains on anything you pull out if you have owned it for at least 2 years? That's my plan is to convert gains to stable coin and hold for 2 years in anchor or the like and claim first in first out. Do you think this is viable option?

josephessary
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Great vid, Chase, thanks. Quick question: when it says "based on income", is it referring to total income, including your job, or just your crypto gains? Like, if your job pays 40k, but you only gained 8k in crypto, is it based on 48k or 8?

corwynmatthew
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Chase. Got question on interest platforms

thepatriot
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🔥Open a Roth IRA to Grow Your Crypto TAX-FREE🔥
NO MORE MONTHLY FEES!!
Get $100 in Bitcoin For Free!

🇺🇸Crypto Taxes STRESS-FREE With CryptoTrader🇺🇸
Promo code: CRYPTOTAX10

TheBitcoinExpress
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is there a software that helps you accoutn for NFT trades automatically?

tvid
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Is there a free nft software that shows all trades, etc?

Scergg
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Great video, thank you. Have a question, I'm having a hatd time with some of my purchases as I can't figure out exactly what I paid for it on pancake swap and coin base, is there a way to get all those records?
Also, is there an app that can be used to keep track of all purchases?
Thank you.

dandoe
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I lived in india so this video is not for me and my total Crypto investment is less than 1000 USDT so m wating for my government to make rule and published ( rw rules here are bit confusing)

Sushiilll
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What if you do some trading but never move it back to USD.

mooch
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$130, 000 just in two weeks, Nathan James Davis is just so amazing

lisadaniels
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Most people don't understand the concept of " buying the dip " <buying the dip is all about buying digital assets when their prices are down and selling off when the price rises just has the current market is down . Holding is profitable, although trading is far more profitable . I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyse the digital market, all that changed when i encountered Terry Maxcy's services., although i have been into numerous services but Terry Maxcy stands out with experience and expertise playing in his favor . I must confess it wasn't an easy task to learning the routes on trading but with the assistance of Terry it was more easier to understand, It’s very important to educate yourself before you dive in.

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