spot_img
11.8 C
London
HomeTagsHow to report cryptocurrency taxes

Tag: how to report cryptocurrency taxes

Can you deduct cryptocurrency losses on taxes?

With a steep 72% fall in 2018, Bitcoin had a dreadful year. A huge chunk of traders, as well as investors, sold their coins for a loss. However, although it isn’t something that can get back their investments, losses of bitcoin are tax deductible....
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.