CoinLedger

@CoinLedger

Crypto taxes done in minutes. The #1 Crypto Tax Software. Track your portfolio, get your tax forms. For support, please email [email protected].

coinledger.io

Joined February 2018

Replies Reposts Media

Pinned
CoinLedger
@CoinLedger
Jan 15, 2025
Crypto Tax Breaks USA: - Hold your crypto for over 1 year to pay 0-20% on long-term gains. - Gift up to $18,000 of crypto per recipient per year without reporting tax. - You pay 0 long term capital gains if under $47,025 in taxable income.
3
CoinLedger
@CoinLedger
7h
The CLARITY Act failed in the Senate yesterday. It needed 60 Senate votes to move it forward and got 49. So the bill that was supposed to decide who regulates crypto in America is stalled. No SEC and CFTC split. No new rules for exchanges and brokers. Back to the status quo.
00:00
3
CoinLedger
@CoinLedger
Sep 8
Your cold wallet isn't anonymous once it touches Coinbase. The second you deposit from a self-custody wallet, Coinbase ties that address to the KYC info already on file for your or someone else's account. From there, firms like Chainalysis start linking other wallets that might
00:00
CoinLedger
@CoinLedger
Aug 17
How the IRS actually finds unreported crypto income: - Exchange records: KYC exchanges issue 1099 forms and hand over account data on request - Blockchain analysis: the IRS contracts with firms like Chainalysis to map wallet activity and flag undeclared income - Legal tools: the
1
CoinLedger
@CoinLedger
Jul 2
Crypto Tax Crash Course (USA) — Simple & Actionable Selling, swapping, or spending crypto = taxable event. Even BTC → ETH counts as selling BTC. Every one of these goes on Form 8949 as a capital gain or loss. 2. Income-Based Crypto (taxed the day you receive it) These are
2