Crypto Tax Report Examples | CryptoTrader.Tax

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Crypto Tax Report Examples | CryptoTrader.Tax

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Kapow@exploding-heads.comM to

Crypto Traders Journal@exploding-heads.com · 2 years ago

Crypto Tax Forms - Download Yours | CoinLedger

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Generate your necessary crypto tax forms including IRS Form 8949. View an example of a full crypto tax report including all short and long term capital gains.

Properly reporting my taxes has been holding me back from doing as much in crypto as I would like. Doing the profit.loss calculations seemed so complicated.

This will put my mind at ease and is only $75.

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An old dog (traditional value investor) learning new tricks.

No balance sheets or profit and loss statements to analyse leaves old school value investors like me at a total loss when it comes to investing in crypto.

To help me I have enlisted a young bull who sees upside and potential where I see high tech smoke and mirrors.

To make it interesting (I focus where my money is) I am purchasing USD$5,000 worth of Ether (ETH) so over time I will have a tangible measure of how good this young bull is at teaching an old dog like me new tricks.

This community is not investment advice. Rather it is a record of some of the trades we have either made or considered. For me personally I find this sort of record useful to look back on and see what worked and what didn’t. I believe it helps make me a better investor then I otherwise would be

I would love you to share your insights on the trades we discuss - I am keen to learn. Even better, feel free to post some of your crypto trading ideas and the reasoning behind them.

Remember this is not investment advice - personally I consider investing in Crypto to be extremely high risk. Rather I hope it serves an educational purpose that my help old dogs like me learn new tricks.

Please seek a duly licensed professional for investment advice.

No Investment Recommendations or Professional Advice The content in this community is being provided for information purposes only. The community does not provide tax, legal, insurance or investment advice, and nothing in the community should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Exploding Heads or any third party. You alone are solely responsible for determining whether any investment, cryptocurrency, NFT, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation and for evaluating the merits and risks associated with the use of the information in the community before making any decisions based on such information or other content. You should consult an attorney or tax professional regarding your specific legal or tax situation.

Past performance is no guarantee of future results. Therefore, you should not assume that the future performance of any specific investment or investment strategy will be profitable or equal to corresponding past performance levels. Inherent in any investment is the potential for loss. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in cryptocurrencies, NFTs, securities, companies, sectors or markets identified and described were or will be profitable. Exploding Heads is not a fiduciary by virtue of any person’s use of or access to the Site. Exploding Heads is not a licensed securities dealer, broker or US investment adviser or investment bank.

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