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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
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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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I need to move to Dubai asap lol usa taxes Americans to death an got sleepy Joe giving away billions like candy
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?
Thank you for providing such clear and reliable information!
This was so much help 🌼
Why are we going to allow the government to take and control this
I saw cake / usdt for a moment. Is there a video about taxes for auto compounded staking?
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?
so if someone sends me crypto for whatever reason on coinbase will i get taxed?
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.
Is this going to be the same if you live in Canada?
Thanks Brian.
Cbdc a treath to Crypto?
BRIAN! Concerning crypto exchange and getting taxed what if I exchanged from USDC to like Eth do I get taxed then???
Never sell😉
might just quit crypto, havent made any good money since i started last year and now they wanna tax people smh
Hey Brian, does this only applies to ppl living in USA?
INDIA HAS A 30% TAX ON LIQUIDATION OF CRYPTO
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
Jung, my brain is in knots when it comes to taxes. LOL.
Thank you again Vanoss. You the man.
Hello everyone
Thanks so much Brian, your videos are always helpful, what do you think about Nigeria on crypto.
Fuckem and the irs
What about cash back in crypto? Gifts in crypto? Donations in crypto? Bonus crypto?
Wow this is so complicated compared to Canada.
Great video Brian. I am doing a turbo tax bud but from a Canadian perspective. Love your content always well done!
Thank you again for the great help and videos!!!