When you pay crypto taxes and when you don’t

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Crypto Tax Principles

 “While crypto taxes can be complicated, the key principles are not. Fix these ideas in your head:

 

These are taxable events:

Selling crypto.

Trading crypto.

Buying stuff with crypto.

Receiving crypto from airdrops, hard forks, staking rewards, and the like.

 

These are not taxable events:

Buying crypto.

Donating crypto to a tax-exempt organization.

Gifting cryptocurrency (though large gifts may trigger a gift tax)

Transferring crypto from one account to another.” - John Hargrave 

 

Profits from free accurate cryptos signals: https://www.predictmag.com/