Hey all, I interviewed the crypto tax lawyer Andrew Gordon last week about the new legislation that is likely to affect crypto - plus we talked about wash sales, tax loss harvesting, donations, loans, and how some crypto events could actually be taxable, even if they don't feel like they should be. There's a lot of great stuff packed into this episode, so I hope you enjoy it!
Page Link: Big Crypto Tax Changes: How 1099s, Wash Sales, and Donations Might Change Your Tax Reporting
Audio-Only Link: Big Crypto Tax Changes: How 1099s, Wash Sales, and Donations Might Change Your Tax Reporting
Episode Highlights
00:55: The Infrastructure Bill and Build Back Better BIG Crypto Changes
06:45: Are Wash Sales Going To Apply To Crypto Now?
19:07: Blockchain Swaps Could Definitely Be Taxable
Episode Quote:
> On Blockchain Swaps: “I can tell you that the more conservative position is to treat it like a taxable event, like an actual conversion – a disposition of one asset and purchase of another.”
No comments:
Post a Comment