Crypto Taxes Explained – Beginner's Guide 2023

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Video Outline:
0:00 Introduction
0:32 TurboTax
1:01 Do I Need to Pay Tax
1:45 Capital Gains
4:06 Mining Crypto
6:54 Crypto Exchange
7:39 Capital Losses
8:24 Turbo Tax
9:30 Internal Revenue Service


Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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About the Author: Walter Dubois


  1. I need to move to Dubai asap lol usa taxes Americans to death an got sleepy Joe giving away billions like candy

  2. What if i buy and sell on coinbase but never withdraw the money to my bank account and just keep trading is that still taxable?

  3. My coinbase account is showing a big capital gain because I sent appreciated crypto to a cold storage wallet, it's showing on the IRS form as a sale, can this be right?

  4. Thank you so much for making this video! I am 16 and would never have thought about crypto being reconized as property. You just saved me a massive mess.

  5. BRIAN! Concerning crypto exchange and getting taxed what if I exchanged from USDC to like Eth do I get taxed then???

  6. might just quit crypto, havent made any good money since i started last year and now they wanna tax people smh

  7. Hi Brian! Thanks for the heads up regarding the taxable stuff on crypto. I thought everything received was anywhere from 15-30%. I'm always trying to prepare in case the tax man comes calling. Have a great weekend & stay safe…Dave Powell

  8. Great video Brian. I am doing a turbo tax bud but from a Canadian perspective. Love your content always well done!

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