Post
Topic
Board Beginners & Help
Re: Question about taxing
by
jseverson
on 06/11/2018, 01:46:46 UTC
one way to minimize your tax liability in the USA: if you mostly just hold for long periods of time, consider aiming for long term capital gains: if you hold for at least a year, your gains are taxed at a lower rate, usually 15% for most people. short term capital gains are taxed at your regular tax rate (up to 40%).

So much this.

You should also try to avoid crypto-to-crypto trades because each instance is considered a sale and a purchase.

If you want to take extreme measures, move to Puerto Rico lol.