Cryptocurrency Q&A
How to avoid taxes on Coinbase?
How to avoid taxes on Coinbase?
Maria
Thu Dec 05 2024
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6 answers
1046
I'm trying to find ways to reduce or avoid taxes when using Coinbase. I want to know if there are any strategies or methods that can help me minimize my tax obligations when buying, selling, or trading cryptocurrencies on the platform.
6 answers
CryptoWizardry
Sat Dec 07 2024
The losses from these sales are then used to offset gains realized from other profitable sales.
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SsangyongSpiritedStrength
Sat Dec 07 2024
Tax-loss harvesting is a strategy employed by investors to minimize their tax burdens.
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BitcoinBaronGuard
Sat Dec 07 2024
It involves the deliberate sale of some cryptocurrency holdings that have incurred losses.
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CryptoWizardry
Fri Dec 06 2024
This technique allows investors to reduce the overall taxable income from their crypto transactions.
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Andrea
Fri Dec 06 2024
By using tax-loss harvesting, investors can effectively lower the amount of taxes they owe on their capital gains.
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