The crypto markets had a volatile 2019, and that might mean you probably lost money on your cryptocurrencies. But don’t be desperate – we have some good news for you. There is a smart tax strategy called tax-loss harvesting that will help you reduce investment losses. Since crypto is treated as “property” under IRS rules, that means the same capital gains rules apply. So if you had losses from your crypto investments in 2019, you can:
All you need to do is to create a free account with ZenLedger, and we will walk you through the process.
Read this short article to learn more about crypto tax-loss harvesting. Don’t delay! The deadline for realizing losses on your crypto is DECEMBER 31st. As a follower of CryptoSlate, you get a 15% discount to complete your tax-loss harvesting with ZenLedger before December 31st, 2019. Use coupon code CRYPTOSLATE15. If you liked this post from CryptoSlate, why not share it? |