What is the greatest misconception US crypto traders have?That youβre only taxed when you cash out to fiat. Thatβs just wrong.In this video, we break down one of the most misunderstood crypto tax rules in the U.S.:β‘οΈ Every crypto swap, exchange, or stablecoin trade can be a taxable eventβ‘οΈ The IRS doesnβt care if you cashed out β they care if you gave up ownershipβ‘οΈ Staking and airdrops are considered income on the day you receive themβ‘οΈ Selling junk coins before year-end can save you thousandsWhether youβre trading memecoins, farming airdrops, or just DCA'ing on Coinbase, this info could protect you from a surprise IRS tax bill in 2025.π₯ Donβt let a misconception wreck your tax season.π Learn how to file crypto taxes the right way (even without a 1099):https://www.youtube.com/playlist?list=PLlRL1XYAzH0lQlqJ4XIhHassQZHKGFVQKπ Subscribe for more crypto tax facts, IRS warnings, and gain-saving strategies.#CryptoTax #CryptoTrader #IRS #1099DA #CryptoGains #StakingTax #CryptoAirdrop #CryptoLosses #DeFiTax #CryptoTaxAudit
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