In this podcast episode of Thursday Tax Tips, we discuss the various types of crypto income and their impact on taxes. From the buy-and-hold strategy known as “Holding” to income from staking and interest-bearing assets, we explore the tax implications of these activities. We also discuss the concept of return of capital and the importance of choosing the right tax software for accurate reporting. Staying informed about financial trends, such as banks freezing customer funds, is crucial.
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Read our related blog post here:
https://blog.betavirtualassistance.com/crypto-tax-tips-how-to-navigate-different-types-of-crypto-income/
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