Do I really have to pay taxes on crypto investments?

[zenledgerio]

The Fastest and Friendliest tax tool for Cryptocurrency investors and accountant

Do you feel like paying your taxes is sometimes as complicated as quantum physics? That’s OK because there is plenty of intricate regulations, a variety of tax forms, and tons of slight nuances, especially when it comes to cryptocurrencies, which all together make tax calculations and "paperwork" a pretty tough task for an ordinary crypto owner (unless you can afford the assistance of a qualified attorney). ZenLedger can help you import all your crypto transaction data from multiple sources, like exchanges and wallets, generate a consolidated crypto report, and auto-populate a series of tax forms required by the IRS this tax season.

If you are a crypto owner, trader or miner, or in other words, a person making a profit or suffering a capital loss from the fact of owning, selling, buying or mining crypto (including donations, airdrops, etc), ZenLedger can be of great help for you in terms of calculating your taxes and avoiding the penalties from the IRS (for non-reporting them or doing it incorrectly). ZenLedger comes with 24\7 assistance and a vast library of tax forms making sure you complete your reporting to the IRS and FinCEN in minutes with no errors, overpays, and stress.

How ZenLedger Can Help?

ZenLedger provides the most accounting transparency on how to calculate crypto taxes.
You don’t have to wonder about how to file crypto taxes, ZenLedger does it all for you automatically.

What are the main features?

ZenLedger has several pricing options, which range from $69 to $999 per year and include everything from exchange support, tax reports, and access for your CPA to the platform. The main differentiator is the number of transactions by the package.

Calculate your taxes in seconds with a link to Sign up form:

[1713569990]

1713569990

[1713569990]

1713569990

[1713569990]

1713569990

[royalfestus]

Has calculating Tax in US turn to another business in cryptocurrency? Why cant they form a group or get in contact with experienced investors from USA, it will help. The long term investors will prefer to take tax after bullrun, when profit had been taken and some coin converted to fiat they can buy lambo from the rest. Its such a high percentage of fund that demands taken before spending your leftover.

[zenledgerio]

Has calculating Tax in US turn to another business in cryptocurrency? Why cant they form a group or get in contact with experienced investors from USA, it will help. The long term investors will prefer to take tax after bullrun, when profit had been taken and some coin converted to fiat they can buy lambo from the rest. Its such a high percentage of fund that demands taken before spending your leftover.

So, in the US you have to report, file, and pay capital gains and income tax on cryptocurrency. The IRS treats crypto as a property, so crypto to crypto trades are taxable events, mining is a taxable event. When you sell your crypto out to cash (US Dollars, Euro, Yen, etc) that is a taxable event. You can read more about it here: https://bit.ly/2WJdDsw