Filing Your Crypto Taxes 101: How Does it Work?-7.75

Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752.

If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining around the gray state of crypto markets now: any losses you take this year could place you in a lower tax bracket. What’s more, claiming those losses is easier than you might assume.

Original source
https://hackernoon.com/filing-your-crypto-taxes-101-how-does-it-work-e3d35798c403?source=rss----3a8144eabfe3---4

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