In this video, I provide an overview of how cryptocurrencies are taxed by answering the following three questions:
1. How is cryptocurrency taxed?
2. When do you owe tax?
3. How to calculate the estimated tax due?
IRS source:
#crypto #bitcoin #cryptotaxes
Please note that this video is for information purposes only and is not intended to provide or relied upon for tax, legal, or accounting advice. Please consult your own CPA, tax advisor, legal and accounting advisors.