MultiversX Tracker is Live!

[Taxes] Do i really have to sort through and calculate every transaction if i’m well in the red?

All Cryptocurrencies

by COINS NEWS 187 Views

Im filing taxes tonight and i have a crypto tax question. Ive made about 70 or 80 trades for the year, multiple wallets and exchanges. Im down like 30% for the year. can i just simply list my net loss? If i was in the green id have no problem going through all my transactions, but with my situation do you think the taxman will come knocking at my door if i just list net loss?

Any advice or input would be appreciated.

Ohhhh so many characters left to type, so little to say. Alright well that concludes my post, and thank you guys for reading it, and hey if you responded then even more thanks to you andd okay looks like im at 500 characters

submitted by /u/AnxietyCannon
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments