Avoid Paying Taxes on Cryptocurrency LEGALLY

[@SansPeur451]

Do not keep your coins on any Exchange. Get a wallet that YOU control. Exchanges can be locked up. You don't have ANYTHING unless you have an actual wallet where you hold the keys.

[@positivetimeline]

Andy, if I move my BTC to Ledger wallet ( i don't have one yet) then can I give it to my son and it will be his wallet? Sorry, I am too old to be proficient in Crypto. Please, advice me.

[@murmurspeak]

@@positivetimeline Yes, this will work :)

[@AcidGhost]

@@positivetimeline Remember to tell your son to NEVER give their 24 word passphrase to anyone!

[@positivetimeline]

@@AcidGhost Thanks darling. He will.

[@Renan-uv6ne]

@@positivetimeline keep it in your custody is safe than those exchange which can be hacked anytime. Personally I'm a buy and hodl kind of investor, one can be both a hodler and a trader in Crypto and make profit both ways if you know how to trade you don't need to go on exchange, you can trade using a good brokerage

[@jamesjoshjames5284]

Success is about focusing Your energy on what creates results and using what you already know

[@joealexjohn7666]

Assets that can make you rich!

[@joealexjohn7666]

I.Crypto

[@joealexjohn7666]

2.Stocks

[@joealexjohn7666]

3.Shores

[@matthewjameswalkematthew6230]

@@joealexjohn7666 You are right sir

[@coachingfortoday7143]

I see no scenario presented where you avoid paying taxes. In fact, I paid a time tax for being suckered in by your title. Can I write that off?

[@louiscaroline5582]

ℑ𝔣 𝔶𝔬𝔲 𝔫𝔢𝔢𝔡 𝔞𝔡𝔳𝔦𝔰𝔢 𝔬𝔫 𝔦𝔫𝔳𝔢𝔰𝔱~𝔪𝔢𝔫𝔱 𝔶𝔬𝔲 𝔠𝔞𝔫 𝔚 ℌ • 𝔄, 𝔗 • 𝔖• 𝔄 • 𝔓 • 𝔓 • ℌ• 𝔪𝔶 𝔟•𝔯•𝔬•𝔨•𝔢•𝔯 + • 1 • 2• 2• 4• 8 • 8 • 8• 4 •3 • 5 • 2

[@eduardoarias904]

To avoid taxes, get in debt (good debt like real estate). Buy properties and get a bank loan and with that loan it makes you in debt which is later subtracted from the money you make on crypto. Because technically being in debt it’s considered a loss. Use debt to your advantage. Learn more from Robert Kiyosaki. Hope that helped you.

[@kurtkizner2456]

@@louiscaroline5582 she also on telegram @vivian_investment

[@PriscillaP-GN]

@@louiscaroline5582 scammer.

[@jasuppen9290]

4:40 Crypto in IRA or Roth IRA

[@kesler1487]

Investing with expert Nora has been the best step I have ever took in my life, may God bless that day I meet her

[@Da-pj5nx]

I have been investing with Mrs Nora for month now and I made a lot of profit from her

[@Da-pj5nx]

I'm happy today because of Mrs Nora

[@marryalex8801]

@@phylomina1697 .Wow I just made my second withdraw again today trading with expert Nora

[@marryalex8801]

She is the best broker I have ever seen

[@นนท์หลอน-ฏ8ณ]

Hello? I actually looking for a good trader in cryptocurrency that can help me make good profit? I'm looking for recommendations and I saw Mrs Nora, Who trade cryptocurrency Mrs Nora help me out and I made better profit

[@marcmelzer198]

Great video and some excellent tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon.

[@matthewcourtauthor2987]

Honestly seeing videos like this made me interested in cryptocurrency Investment and my Investment advisor is a Total guru.

[@hannahchad2296]

To the incredible person seeing this, I wish you all the best in life don't over blame yourself, accept things and go forward.

[@demiwilliams7347]

Don't let others define what "success" his, Get up learn the skills needed and get after it, all the keys to a happy life is in your hands.

[@dreamytraveler4042]

I really feel left aside hearing and seeing several testimonies from people on profits they make from crypto/Forex investments, with Mr Gabriel Chad

[@mireillepoulin4362]

Can someone please recommend a good expert that can trade on my behalf and generate profits for me

[@austinmiller5364]

Most times it amazes me greatly the way I moved from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus .

[@helenchitmon373]

Wow buddy, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.

[@helenchitmon373]

Really are you giving him your money or your coin?

[@hallanslim6777]

Wow, amazing to see others who trade with Mr Josh My coin stays right in my trading account,

[@hallanslim6777]

I'm currently on my 7th trade with him and my portfolio has grown tremendously.

[@amboliamboli2251]

Do you know him?

[@taganrose6682]

*When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance*

[@idudhepatrick4729]

After watching so many KZbin tutorial videos about trading I was still making losses untill Mr George William started managing my investment. now I make $6,800 weekly. God bless Mr George William . His been a blessing to my family.

[@lauraness2971]

My first investment with Mr George William gave me $24,300 and that has made me invest without the fear of losing, I got four of my friends that I referred to him and they are making profit just like me. May God bless Mr George William

[@gracepaulchristopher3095]

I invested $2,500 and I made $7,450 weekly trading with him, I only trust Mr George William With my investment. I am now able to send kids to great school in LA, all thanks to Mr George William Good man ❤

[@lisaaddison2490]

Am much thrilled to see him other investors. he is a very sincere man who understands the challenges faced by beginners, I started trading bitcoin under his guidance after seeing his interview with CNBC. he doesn't request for any charges to teach investors on how to trade and generate profits for themselves.

[@lisaaddison2490]

I still remember the first week I got in touch with Mr George William , His strategies was so easy to adopt but I made 2btc directly to my bitcoin wallet.

[@jaredjohnson8387]

12 months and A DAY for long term gains. 366 days. I've seen people sell right afte 365 days, and they got hit with short term gains taxes.

[@gurametsadashvili1888]

Bitcoin market is home to endless financial opportunities if you are not determined you we get sucked

[@vernellron7300]

Bitcoin is the beginning of something great a currency without a government.

[@nanaferguson1351]

That’s why you need a professional broker that we make trade and much profit for you, I recommend Olivia she has been trading for me for some years now and I’m very much comfortable with her.

[@geraldbruce4247]

I’m a living proof that you can make huge profits with Olivia investment platform

[@ericgary4351]

I started investing with $500 now I'm earning $7000 I found Olivia investment here and I’m happy working with her.

[@rosekanyatta522]

Is this serious because I have been having loss in all my trades.

[@b2200mlb]

One glaring problem I see here is that people (possibly a majority of people trading crypto) want their profits now and not when they retire. So a ROTH may not be the best approach for anyone looking to make money on the side.

[@sker9637]

What is a good Roth for crypto?

[@bairfreedom]

Send crypto off to your wallet (off exchange that uses KYC) When crypto price increases, swap in a dex for stable coins Spend stable coins on things like pre paid debit cards etc. , MANY online places take them etc. All under the radar.

[@fallenloki]

This guy is legit one of my favorite content creators. These topics are not simple and he does such a great job at explaining things.

[@MatthewGJones]

I'm new to Bitcoin and would like to invest but I've got no idea on how to make good profit. Pls what's the best approach you'd recommend?

[@kellygiggs7298]

With the right approach, it works

[@surysathahone6291]

I thought of Investing in btc some time ago but was discouraged by my friends

[@janewilliam7222]

@Lewis Johnson Actually, an expert handles my bitcoin investment while I use my profit to grow my business

[@marshallwalters2100]

@@janewilliam7222 How good is your expert trader, I'd like to invest too

[@janewilliam7222]

@@marshallwalters2100 Investing with her was easy and straight forward. Just withdrew my profit last week and the trade is still in progress.

[@kourtneybennett8572]

The world is changing! I'm glad to be part of that. The crypto had made so many millionaires already, it is the evolution of money. Thanks for making this informative video I just subbed 👌

[@johnmark2935]

Cool, sounds like you've got so much money from crypto, I'm new around here

[@kourtneybennett8572]

@@johnmark2935 Ya, I've made a lot! Investing, holding and trading crypto has been my best decision ever

[@1Beardedkelly]

Crypto is the way to go

[@johnmark2935]

@@kourtneybennett8572 that really sounds good, How do you go about taxes?

[@kourtneybennett8572]

@@johnmark2935 First I thought of moving out of the US that can't be feasible atm but I've made my gains with the help of a financial consultant and it's been easy peasy making money on investment. I've built a good retirement portfolio and passive income

[@atmosrepair]

With such a volatile speculative asset, it doesn't make since to have to pay taxes until its actually withdrawn and converted into USD.... otherwise you are paying on gains that you may not even have.

[@franceswolf9773]

Hello, I'm new to Biticon trade and I've been makin losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong

[@milanpickett7419]

all you need now is a professional trader else you will continue making losses

[@madisonhuff5148]

As a beginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker

[@mubarizmehbizadeh5093]

How can someone know a professional account manager that is trustworthy when legit once are hard to find this days

[@ellamarshall1923]

I highly recommend Mrs Laura Lisa she is my current trader and her strategies are working

[@phoebeharris8728]

This is the perfect time to invest in Bitcoin because of the rise in Bitcoin.

[@carrie5191]

60,000 now...crazy it pumped that much

[@daniluchison]

42 000 and going down now...

[@elplagazekelongmusk1796]

1.7

[@runnex7997]

34k

[@Jacob96wv]

66,800 Now

[@embodiedconducting]

Still waiting on hearing about how to AVOID tax on crypto. You explained the IRA strategy. Fine, but there are still tax consequences with both Roth and traditional IRA.

[@MarkJKohler]

If you are wanting to learn more about this, visit directedira.com/cryptocurrency/ we provide more in-depth resources on how this allows you to avoid taxes on Crypto earnings.

[@coocoocachooglin]

@@MarkJKohler That's a lot of fees, for a SELF DIRECTED IRA...

[@zipyourlib8370]

Sorry ir.s, what is this "Krypto" that you speak of (?)

[@teru797]

@@zipyourlib8370 Yeah they only know if there is an address connected to your name

[@honestloyalty6490]

@@teru797 how would you fix it so the address isn’t connected to your name?

[@cody4916]

Any crypto owner is a target for the IRS. This is what their yes/no question on the 1040 is for.

[@richardhubbard2151]

Just remember, they didnt ask if you buy it. Just sell it, treade it etc

[@heidirogers1493]

Excellent video, but you see trading cryptocurency required more than just a primary knowledge to trade with an crypocurency, it is trade with an except to avoid unnecessary losses.

[@Jim_Parsons]

Not easy to find a good trader but when you finally fine one it easy to invest and make good profit.

[@heidirogers1493]

As a beginner forex trading was not so easy untill I meet a professional trader Vanessa Albert.

[@boomniodeezeamopho1844]

Vanessa Albert, am not surprise, I'm a witness of the excellent work Vanessa Albert is doing. I ask her to keep it up.

[@Jim_Parsons]

My first investment with Vanessa Albert was $3000 and I made $12500 after two weeks.

[@patricarobert8343]

I have not invested with Vanessa Albert yet because I'm facing some bank issues but my best friend invested with her an made good profit and she has invested over 5 times Vanessa Albert is reelable an trust Worthy.

[@multifxinc2561]

Everyone starts as a trader. When the stock keeps dropping they become investors. Thank you for all you do and God Bless.

[@lucyben9173]

lolololololololololololololol

[@renelacad6529]

Please who has invested with the Tradingfxstation company this channel approved for us to invest with?

[@renelacad6529]

@@the_betty Please how do I contact the company? i want to register for investment.

[@multifxinc2561]

You can also register on their website directly, for investment if you don't want to write their admin

[@multifxinc2561]

tradingfxstation.

[@neoplasma1]

Option C. Keep it more simple and use Nexo to borrow against your assets. No need to worry about tax. No need to worry about setting stupid IRA. You’re welcome

[@tcplee]

How do we know this wasn’t posted by the irs and everyone who clicks on it will be audited

[@gwhipdj]

IRS enters the chat.

[@zipyourlib8370]

Have a Legit wallet that can't be seized or locked up on purchased sites....umm... so what taxes (?)

[@scottbaxter2682]

@@zipyourlib8370 If it's in your wallet, it means you still own it. If you still own it, it means you didn't sell it. If you didn't sell it, you haven't yet profited. Capital gains tax is only when you take your profit.

[@zipyourlib8370]

@@scottbaxter2682 The ir.s didn't earn it, they don't get it...

[@scottbaxter2682]

@@zipyourlib8370 Sounds like you got it all figured out? Good luck with that one.

[@matjohnsilver7316]

Great, I might watch this again when I get to the caymans on the way back from Belize.

[@trevor6607]

Ohh aren't you mr. cool

[@louiscaroline5582]

ℑ𝔣 𝔶𝔬𝔲 𝔫𝔢𝔢𝔡 𝔞𝔡𝔳𝔦𝔰𝔢 𝔬𝔫 𝔦𝔫𝔳𝔢𝔰𝔱~𝔪𝔢𝔫𝔱 𝔶𝔬𝔲 𝔠𝔞𝔫 𝔚 ℌ • 𝔄, 𝔗 • 𝔖• 𝔄 • 𝔓 • 𝔓 • ℌ• 𝔪𝔶 𝔟•𝔯•𝔬•𝔨•𝔢•𝔯 + • 1 • 2• 2• 4• 8 • 8 • 8• 4 •3 • 5 • 2

[@brittanysophie6917]

The rich sees an economic crisis as a garage sale also the rich stays rich by investing and diversifying their portfolio with stocks, Crypto currency and Forex trading which is the wisest thing every individual needs to do and it's real profiting

[@jacquelinebradley1072]

Diversifying is the best key to investing and being wealthy

[@loganroy3958]

@@jacquelinebradley1072 Yeah you're right one needs to diversify to have different streams of income

[@loganroy3958]

Well I've been an investor in crypto trading and I can say it's really profiting

[@randyeugene8802]

Forex?

[@randyeugene8802]

I've heard about Forex and bitcoin, watched multiple videos but always get confused

[@jorgej5916]

Or at least with Trumps advocating Bitcoin, we are sure that in short term Tax law will favor Bitcoin yet when the "number" is favorable, our government will surely change the law in order to rig in those additional Tax money. Anything developed by mankind especially those related to finance are bound to changes accordingly.

[@logandrayson4175]

Subscribed!

[@flairelizabeth8210]

Investing in crypto now is very cool especially with the current rise in the market now

[@stephenpeter4878]

People are scared of investing because of high rate of scam in the business

[@stephenpeter4878]

Making them to remain poor out of ignorance

[@peterlaurel1749]

There are scammers but are real brokers waiting for investors out there

[@josephtessy8604]

Yes you are right Thanks for introducing me to expert Mrs Linda Fx

[@michaeljeo5849]

Yes I'm a living testimony of Expert Mrs Linda Fx trading service

[@jasonpromer9146]

they say buy pirate or monero, it cant be traced, but you have to buy btc first at like coinbase, then send to exchange to turn into pirate, so the govt can see the btc transaction, so what good does it do to turn into pirate that supposed to be untraceable, when they already can see the btc transaction?

[@chr0nosIRL]

So basically...we just need everyone to start accepting crypto as payment. Thanks mate! Very helpful!

[@ramseybenachour]

no... as he mentioned, that is still a taxable event. The IRS still considers you to have sold the crypto and taxes you on the value at the time you paid for a service using it.

[@alexisduarte8820]

@@ramseybenachour how will they track the transaction if you are sending money through a private wallet

[@samjordan8800]

@Alexis Duarte Most of law enforcement is by accidental discovery. I mean, the police go looking for a murderer and discover an auto theft shop or auto theft ring. You don't think they will just let the car thieves all go just because that's not what they were looking for, do you?! What you described is income tax evasion and happens to be a crime! But they might not discover it until they audit the guy you paid for services at the crypto value you hired him at. And now because they call you a "willful violator" you can end up paying them in years instead of in cash....

[@bairfreedom]

@@alexisduarte8820 They can't! HA! I hate video and comments like the ones in this section. They ignored that. "But that's illegal" and my answer would be " What is illegal? I have no idea what you are talking about" as I pay for things with stable coins over the internet anonymously. Lol

[@cardmeister]

I have a Roth TSP and an IRA... how do I use them for crypto?

[@Je.rone_]

I'll be watching a lot of your videos sir, I'm not a CPA, but i am a tax preparer & advisor who plans to become an ea

[@steveaustin2144]

Funny how they write laws that are way outside their jurisdiction. crypto is not property of the owners of the FED and consequently not entitled to receive benefits from somebodies labor they have no interest in. US dollars, well that is their money so yes they can, ( they do it through the IRS). As soon as we get rid of the FED the IRS goes away to. And you lawyers ought to know better. We do not remember the days when the People had their own money and bank called the United States Treasury, consequently there was no taxing agency because it was our money. That would be great to have that back again.

[@GrandpasPlace]

My Crypto plan is to structure withdraws after retirement when I can show $0 income with LTCG. 0 taxes on up to $80,000 in withdraws for married filing jointly. Add $6,000 per person ($12,000 for couple) in pretax dismemberment to IRA's Add another $7,000 to an HSA pre-tax So far looks like I can withdraw $99,000 a year with $0 taxes and a 15% tax on anything over that. Im always looking for ways to extend that out further.

[@jeramilltua-requena1497]

Please show me where you read up on this method, seems wise

[@blackmagick77]

You get taxed for mining and taxed when you sell what you mined? Thats such bullshit. Thats a double tax

[@mickeytate1]

Can you do tax write off For expenses... Phone bill, Internet service, computer repair, etc.

[@keltaruusutravels4024]

QUESTION: Most crypto is considered a security, some are left in legal limbo. One (XRP) has been recognized as a currency. Must you pay tax when you exchange one currency for another? No law has been made to determine its a currency. It was only established in a court case in 2015 with FinCEN and the Treasury. It's all so nebulous and the SEC is infamous for being caprecious.

[@mikley28]

I think im going to need an accountant... im planning on going with option B and rolling over half of my 401k

[@crispbacon113]

Only problem is I can't have an IRA because I am on disability and have no earned income only investment income.

[@dtrustyles702]

Hey Mark I heard about you years ago and I just remembered about you. Great videos! Thank you! Can you please make a video for military service members? There are certain things that are mandatory for us like haircuts, shaving, dry cleaners, driving and studying on computers. Can we get write offs for this stuff? Would love your insight! Thanks.

[@zipyourlib8370]

Haircuts?

[@teresahandshoe8339]

People on SSDI ( social security disability income) are allowed to "earn" up to I think $1320.00 and still draw ssdi. However there seems to be no limited as to how much "passive" income they generate a month and still draw SSDI. My question is... will the capital gains although they will be subjected to IRS tax... will the capital gains be consider as "passive income" and not "earned income" under social security guidelines?

[@patricklucas8008]

You may be a nerd but you can read boring stuff that the average person could never read. You are a brilliant man. Thanks for helping the slow people like myself

[@instakesuma9555]

Thanks for review

[@shynepo6296]

Why are cryptocurrencies taxed?

[@MeZzZzZzZzZzZzZzZzZ]

Heres option C. Move your crypto on a defi platform like blockfi and earn 8.6% interest for just holding your crypto. Pay taxes only on the interest earned and never pay capital gains because you're never cashing out the investment. Genius genius genius

[@hklilly4854]

Not tax expert here, but would this be the same or similar to dividends payed out?

[@patrick553]

Dumb dumb dumb. Take the gains before crypto crashes or gift the crypto to someone who makes no income up to 52k and they pay 0% in capital gains. Then they can just return the crypto back to you after they sell.

[@jeramilltua-requena1497]

@@patrick553 wow, that sounds smart

[@anythingfastimdown]

@@patrick553 this is a thing? I need to look into this

[@patrick553]

@@anythingfastimdown Yeah for long term capital gains ie more than 12 months. People did it with their kids until the government created the kiddie tax to block this loophole so now youd need a different family member.

[@knoxlowe1]

If you buy and sell your crypto in a Roth, don't you have to have a custodian do the buying and selling? Otherwise, if you maintain your own wallet and do the transactions yourself, isn't that considered to be constructive receipt? Or is what I describe only true for a regular IRA?

[@luvdr350]

It's not like stock. It's property.

[@Floof_Factory]

Why are there crypto people in tulum mexico? I heard my cousin lives there now.

[@stock7628]

Right right, but how do we calculate the proper gains without calculating dollar inflation, if we made 10,000$ gain while the dollar inflated 4.8% percent (or more) what is your gains REALLY? Oh but we don't know the exact inflation rate, at which they print money like nothing.

[@julieleawong2083]

Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Greg Buch one of the best in crypto currency investment.

[@ryangilbert7308]

I think am blessed if not I wouldn't have met someone who is as spectacular as Greg Buch.

[@ryangilbert7308]

Has been handling my account for years now.

[@majdalahrodriguez7149]

Wow am shocked someone mentioned and recommended Greg Buch I thought am the only one trading with him.

[@tylermendoza8332]

You don't need to be shocked, cause am also a huge beneficiary of Greg Buch.

[@tylermendoza8332]

@@majdalahrodriguez7149 He helped me recover what I lost trying to trade for myself.

[@TimothyHaney]

Do I pay capital gains tax if I yield farm interest from a crypto? If I put into a smart contract and harvest the interest and put it back into the investment. Transfer the gains to metamask and then to another crypto platform. Use it as collateral for a loan and spend the loan proceeds?

[@ixxgxx]

how do you pay taxes when you have no dollar fiat to pay irs ! and your gains took place in AAVE. does the irs take aave? also crypto goes up and down 5-10k every day!

[@DimensionBoyTV]

This is a good question. Really it seems the irs is still tryna figure out how to take there undeserved cut. Also wt the volatility it seems like timing could be in your favor when filing. I assume the value of the crypto being taxed is for it's value the day and hour you file 🤷idk

[@kjul753]

IRS only accepts USD for payment. So you have to sell AAVE to USD to pay tax. When you receive rewards from staking on AAVE you pay income tax on the value of the AAVE the day you received it. This lawyer is offering solutions to people to pay capital gains tax vs income tax on the staking rewards or mining rewards or airdrops.

[@amigo54321ifyuu]

then you must sell to usd and pay them..

[@sunofmansunofman5753]

There is no way to avoid tax on crypto currency period. Just Google IRS cracking down on Bitcoin.

[@DavidEVogel]

how do you pay taxes when you have no dollar fiat to pay irs ! When you file your tax return just include a note: "Sorry but I am broke." They will understand.

[@jamesharris40001]

If you bought bitcoin $1000 - 9 months ago and it gained 50%. $1000 - 1 month ago and it gained 0%. Sold $1000 of bitcoin 2 weeks ago, do they count it as the $1000 from the first purchase or second purchase? How do you separate sales, does once you buy more pf one type of crypto, they join together and anything that is sold afterwards, regardless of buy/sell date, count as the capital gain? Do types of crypto get separated? Or taxed as total gains of platform's account, What if I bought $1000 1 month ago and $1000 13 months ago, is half taxed as long term gains and the other half as short term gains? Any good video you can refer me to to answer nuanced questions about crypto tax?

[@StupidPeopleCompany]

If I buy giftcards, is that a taxable income?

[@darrickharris5534]

Is there a reason why you want to use IRA vs Solo 401K?

[@smalzlanky8879]

Mrs Patricia is legit and her method works like magic I keep on earning every single week with her new strategy

[@musediqbabatunde4301]

Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her. She helped me recover what I lost trying to trade my self

[@thomasrudiger7264]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Patricia I think she is the best broker I ever seen

[@mariafernandezfernandez4552]

Thanks for introducing me to Mrs Patricia My first investment with Mrs Patricia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

[@yusufmuhammadlere8323]

Yes I' m also a living testimony of expert Mrs Patricia , Mrs Patricia has changed my financial status for the best.all thanks to my aunty who introduced her to me

[@ezekielluka9436]

Mrs Patricia is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days Her success story is everywhere

[@bradynields9783]

If 8%APY is worth the risk of not holding my USDC private keys in my hardware wallet, would that be taxed as ordinary income or capital gains? Would the tokens acquired via staking rewards be taxed differently than PoW block rewards?

[@HFH-Official]

You forgot some important ones... Move to Puerto Rico.... Move abroad... Thank you

[@AlainaCooper-m5c]

Appreciate the detailed breakdown! Just a quick off-topic question: I'm using a SafePal wallet with USDT and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

[@SummerBaby728]

Less than a month later and it hit $60K...love, ghost of crypto future

[@johngabriel777]

Imagine making investments in crypto , acquiring more btc units and price pumps to 100,000

[@0r14n583lt]

Taxing crypto may cause a death spiral. The example of paying for services might cause an out of control tax realization. If taxes are to be paid for services at market value, the purchaser of services then has to cash out more crypto to pay the taxes on their purchase, which means they also have to pay taxes on the liquidation of the amount of crypto that they’re trying to release to cover the tax costs.

[@browncarey9411]

Please can I invest in Bitcoin on my own, I have been practicing on my demo trading account, I don’t want to make any mistake whatsoever.

[@BrettmDumas]

yes You can if you have fully understand the Bitcoin market

[@BrettmDumas]

if you haven’t I will advice you to look for a professional around your vicinity to help you understand the Bitcoin and forex market.

[@josephwebb6334]

I’m from Belgium I have been an investor in the crypto market for over 3 years now.

[@josephwebb6334]

Now is the greatest time to purchase and invest in Bitcoin

[@codyadams5430]

Obviously trading in Bitcoin is very volatile and risky to trade that’s the reason most traders trade with a company.

[@TyCrypto28]

So what if you get paid for services in crypto? For example, if i get paid around 4,000 per month in Crypto and they send that to my wallet in lets say ETH, then i transfer it to USDC or USDT, and decide to cash out for dollars, how would i pay tax on that?

[@elainakali4718]

Good day everyone I'm new to forex trade And have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong

[@philliptimothy545]

All you need now is a professional broker else you gonna continue blowing of your account.

[@dorothynicole931]

@@philliptimothy545 Mrs Trisha Lisa trading services strategies is working for me at the moment and am making good profit from forex and crypto trading.

[@alexanderruben8551]

Same here its four months now I started investing with them and it's been a good experience

[@davidmike5454]

Honestly, this is where my question lies I have lost over $700 in trading. How can I be oriented or educated about forex trade

[@JamesAnderson-gv8sb]

@@davidmike5454 My first investment with Mrs Trisha Lisa trading service gave me profit over $20,000 and ever since then she has never failed to deliver and I can even say She’s the most sincere broker I have ever know

[@CC-bq7wk]

The only way to use your money from your Roth or IRA is to self direct your $$. I became an LLC and can use that money for whatever I want to. Or folks can transfer their ROTH or IRA into I-Trust capital and hold crypto there..

[@jaykoval5957]

Nice quick video!

[@synystergates721]

If you're planning on re-investing your gains back in crypto, stablecoins akin to usdt, bust etc, ARE the way to do it

[@marcins.6927]

Hello, Is it true that people who earn up to $ 40K a year and have over 12 months of cryptocurrency pay 0% tax?

[@bizwiz1014]

That would be true if your TOTAL income from all sources was less than the annual threshold. Having held over 12 months, you would fall into the 0% long term capital tax rate.

[@cryptocoin5318]

YES is true.

[@skaggi]

How to cash out legally (preferably very large amounts aka 500k and above) all you have to do is have about $8000 in USD sell your car house whatever then apply for citizenship in a foreign 3rd world country more poor the better now renounce citizen ship here do not use your crypto to pay for any of this have cash on hand it will be about $5k to renounce and about $3k to gain citizenship somewhere else and boom you've made $500k in crypto you can now switch to USD or whatever currency really and not pay taxes lol and depending on how poor the country you chose is you can live like a king until your old and grey

[@johnsonfrancis2156]

Great Mrs Jenifer is legit and her method works like magic I keep earning every single week with her new strategy

[@johnsonfrancis2156]

Yeah

[@alexxander3226]

I think I am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jenifer

[@alexxander3226]

I think that she is the best broker I ever seen

[@fazfax4972]

yes I'm also a living testimony of expert Mrs Jenifer

[@fazfax4972]

Mrs Jenifer has changed my financial status for the best. All thanks to my aunty who introduced her to me

[@edgar-mmxxiii]

1) How much is the tax rate for short term and long term capital gains? 2) What if I am a dual citizen and my other country does not tax crypto and I withdraw my bitcoins in that country using a non-KYC exchange into my bank account in that country do I still subject to capital gains tax? Paying taxes is no problem for me but this crypto tax is mind-boggling. 3) Is it okay for IRS to do my crypto tax myself by hand in spreadsheets? Do I need to provide proof for each transaction like screenshots and email from exchanges much like when using cash we have receipts? Or just declaring it where IRS expects us to be honest is enough?

[@ixxgxx]

move to puerto rico or give up citizenship and move to nicaragua. no taxes.

[@EmbraceDiscomfort]

Mark, you truly are the MVP with all these tips about crypto. We truly appreciate you, big homie :)

[@kelvinprescott8594]

Money is an issue that everyone has for a better and luxurious life, Life was hard for me until I started trading bitcoin and am now earning $18,435 per week

[@jonaskakaroto8745]

same here I earn huge weekly profits of $16,443 on my Investment since i started trading with Mrs Ethel Arthur, his trading strategies are top-notch

[@alexstones764]

wow I'm just shock someone mentioned and recommended expert Mrs Ethel Arthur

[@jobwashington5404]

Bitcoin is on its way to the moon, it's time we join the Bitcoin community.

[@williesmith2724]

You don't need to be surprised because I'm also a huge beneficiary of expert Mrs Ethel Arthur trading service

[@bradonjimmy4089]

am winning consistently trading with Mrs Ethel Arthur

[@guitarflash2049]

As I understand there is a possibility to register as MSB being outside US that’s what OWNR have done

[@toddsmith9649]

Can you do a self directed HSA IRA and then place it in BTC?

[@MarkJKohler]

Yes! You can Self-Direct any retirement accounts into BTC, if you are wanting to learn more about this visit directedira.com we have great learning tab their with podcasts and blogs about this, or a great customer service team that can help!

[@CraigCarmack]

@@MarkJKohler Do you possess the private keys?

[@catwithavape748]

Are there actually good investors to follow or contact? Like actually this is a genuine person asking for not a bot, too many bots w fake investors

[@wrlk636]

HAHAHA, I'm seeing so many of these videos bro it's got me dead 😂

[@waynetteleighton8060]

MARK, PLEASE ADD CLOSED CAPTIONED FOR VIEWERS TO READ. TYVM✌️

[@SICKFREDO]

"How to secure a spot at a federal prison in 5 years"

[@steveotis420]

Is taking your initial investment out a taxable event?

[@RobertRotte1]

Talking about opportunities investing in crypto currency now should be in every wise individuals list. In two to three years time you might be estactic with the decision made today.

[@tomzuzolo8068]

Investing is good but investing in the right thing is the actual key to success

[@peterramsay1767]

My First Investment with Mr George chris gave me Profit of $35,000 ever since then he has not failed to deliver

[@frankdouglas1562]

Yes it’s highly profitable, I made a good profit of 23,000 USD with a capital of 4,725 USD on my last trade and i have made over 650,000 USD trading crypto.

[@neilmccoy-ward8087]

I will recommend Expert George chris for you his strategies is working for me at the moment and making good profit from Bitcoin and crypto trading .

[@mav3420]

I also trade with the company broker Mr George chris his trading skills are top notch and exceptional.

[@cryptoblockmanagement2058]

What if I bought crypto and transferred it to a sport betting account and lost it? I need to prove to IRS I don’t have the coins anymore ?

[@912alldaylong]

How about moving away to avoid everything

[@kaosapprentice]

😏

[@cody4916]

If you're a US citizen, it isn't that simple.

[@joshuacorona4586]

They’ll find you

[@markjkohler9169]

@@cody4916 thanks for commenting reach us to know how you can mitigate taxes

[@markjkohler9169]

([phone])

[@CanadianBitcoiners]

In Canada, the only way to get exposure in the crypto market and have all your gains sheltered in a tax free environment would be a TFSA (or RRSP but you'll get taxed later on). Through a TFSA, you have multiple ETFs on the TSX that will each cover BTC or ETH. So the options are there to get exposure and keep your winnings.

[@ruthrodrigo362]

Bitcoin is the future investing in it now is the wisest thing to do now especially the current rise Despite all the economic crisis this is the right time to start up an investment

[@hatsapp7362]

I wanted to trade crypto but got confused by the fluctuations in price

[@martiefoster286]

He's obviously the best I invested 2000USD with him and in 9 days I made a profit of 9101USD

[@laurajimmil8231]

Trading crypto with Expert Mason has being a game changer for me

[@laurajimmil8231]

+ 1 ( 4 1 9 ) 7 7 - 6 7 8 3 0

[@laurajimmil8231]

He's always active WhatsApp 👆

[@NikkisNugs]

I only mined my coins, I have never purchased one before, I have 10 GPUs that I have purchased that do the work. I have yet to ever buy anything using Crypto either. My crypto just sits in a private wallet. How would the IRS no I have crypto if I have never used my SSN?

[@delfinaaugestina8809]

Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

[@rebaccaluise2254]

Wow I' m just shock someone mentioned expert Mrs Jane I thought I' m the only one trading with her

[@rebaccaluise2254]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jane

[@rebaccaluise2254]

She helped me recover what I lost trying to trade my self

[@kelvinadamson3312]

@@rebaccaluise2254 I think she is the best broker I ever seen

[@benfunkey2326]

@@kelvinadamson3312 Thanks for introducing me to Mrs Jane

[@michaelbft9827]

What if you bought crypto over the last 5 years from individuals or ATMs. When you sell it, how would one determine the gain? No records going back so early into crypto trading, and the IRS wasn’t giving guidance back then

[@JeremySMayer]

I really feel left aside hearing and seeing several testimonies from people on profits they make from Bitcoin/Forex Investment. Can someone recommend a good expert that trade on my behalf and generate profit for me..

[@isahjames5666]

@Michael Alex Yeah you're right my first investment with expert Mrs Letton Deb gave me a profit of €24,000 ever since then she has the most sincere broker i have known.

[@curtispartin2604]

I have been seeing so many recommendations about Letton Deb on top comment on every KZbin video i watched trending, her strategy must be good for people to talk about her.

[@ruthmarcos7314]

I Invested with her after i got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say she's a very transparent and honest personality

[@princemaly5331]

I saw the recommendations but i didn't bother chatting her up, I keep losing really i still don't understand how the Forex market work through

[@JeremySMayer]

Who is this Mrs Letton Deb everyone is talking about and how do i contact her directly?

[@cryptopunk1029]

What about if you buy at a high price didn’t make profit and you buy at a lower price and send to a different wallet out of the country to a different name ?

[@brightlife3691]

Yes he know his things

[@ctguitarguy8510]

Unfortunately there is no legal clarity on staking which is similar to mining. People are assuming it falls under the same legal framework. Although it's very unrealistic.

[@killaclownz911]

#SAFEMOON is the best investment you can make with crypto right now. Do your research 😎 Also awesome vid Mark! Thanks for the great content! One more thing.. no mention of moving to other countries to escape crypto tax...? come on Mark!!! You missed a super easy one! 😂😂😂 Everyone move to Portugal once they want to cash out their wallet, no crypto tax as of this moment :)

[@louiscaroline5582]

ℑ𝔣 𝔶𝔬𝔲 𝔫𝔢𝔢𝔡 𝔞𝔡𝔳𝔦𝔰𝔢 𝔬𝔫 𝔦𝔫𝔳𝔢𝔰𝔱~𝔪𝔢𝔫𝔱 𝔶𝔬𝔲 𝔠𝔞𝔫 𝔚 ℌ • 𝔄, 𝔗 • 𝔖• 𝔄 • 𝔓 • 𝔓 • ℌ• 𝔪𝔶 𝔟•𝔯•𝔬•𝔨•𝔢•𝔯 + • 1 • 2• 2• 4• 8 • 8 • 8• 4 •3 • 5 • 2

[@user-qw9yf6zs9t]

this aged very well.

[@11joesph1]

Safemmoon is a a scam for fools haha

[@killaclownz911]

@@11joesph1 LOL wallet release, with a block chain coming up, and an exchange in Dec. "SaFeMooN iS a Scam" lmao shut up fudder and do your own research 😎

[@user-qw9yf6zs9t]

@@killaclownz911 safemoon was proven to be a ponzi scheme and has gone down in value 10 times since its peak. if you think its good then thats your opinion, while i disagree and have something to argue with.

[@junkemail4916]

Question.... does that also include buying a home or land? Is real estate relatable?

[@travisg9294]

By moving to Mexico or Dubai! 😂👍

[@cody4916]

If you're a US citizen, that won't work.

[@cody4916]

@A Al Capital gains aren't covered under the foreign earned income exclusion. You still have to pay US taxes if you aren't renouncing your citizenship.

[@cody4916]

@A Al I got that info from the IRS. How is it wrong?

[@ernestoespinoza1260]

Dude I’m bought to get my dual Mexican citizenship 😂

[@bibletruther2473]

@A Al You're still US citizen, It won't work. You will have to denounce US citizenship.

[@robysvids]

If a person is subjected as self employment because he/she mines.. Can't they write off certain costs for instance maybe startup costs, or what can be done?

[@817monchis817]

🐕🌚🚀

[@zabik7221]

Why do we need to pay taxes on ours own money??? It’s not a salary taxes is a scam in my opinion

[@garycarlson245]

So how. And how much would you have to pay for taxes for selling Cryptos.

[@blakesmith9039]

Then what makes cryptocurrency decentralized if the government still controls it?

[@bryantl6768]

Correct me if I'm wrong, but we still would be paying tax on it, it would just be in a different form or a different rate?

[@MarkJKohler]

Well, if the crypto is owned in a Roth account, no taxes will be paid on gains ever! I cover this towards the end of the video when I talk about "Option B".