It is tax season again in the USA. I am a CryptoTaxLawyer. AMA!

Hi r/Cryptocurrency,

In case you haven't caught one of my other AMA's, I am a US-based attorney practicing cryptocurrency law with a strong emphasis on questions of taxation. I've been in the cryptocurrency space as an investor since 2013, so I've seen much the development of the cryptocurrency community, regulations, and use-cases first-hand. As a practicing attorney I consider it a privilege to have successfully shifted my hobby into a career in such an excitng, cutting-edge field of law. Now that tax season is in full swing again, I wanted to drop in and host another AMA as Americans start the process of untangling their 2021 cryptocurrency activity.

As always, I'll try to respond to as many questions as possible, including in the coming days/weeks, so if you're late to the party please feel free to drop your comment/question and I'll circle back to provide answers when I have the time.

Disclaimer: This AMA is not the place to get specific legal, tax, or investment advice. Everyone's tax situation is different, so you should always consult with your own tax professional before acting on anything you read online. What makes sense for one person's situation might not make sense for you. For this reason, this AMA is for general informational purposes only and does not create any professional attorney-client relatioships.

Edit: Hey guys, I've answered a lot of questions and its getting pretty late. If you're seeing this AMA still, feel free to comment and I'll get the notification moving forward indefinitely. I'm off for the night, but thank you all for your questions and comments!

Feel free to reach out at any time and I'll try my best to provide some clarification where I can!

Edit 2: It looks like there's still a lot of questions coming in, so I'll circle back in a bit to make a second push through newer questions.