Daniel Kim

Crypto tax expert

[Daniel Kim @dankim0310]

@favorsthebrave_ That's correct. You can carry forward $17k indefinitely.

[Daniel Kim @dankim0310]

@Illmatic89 @cointelli Thank you for your suggestion. We are considering including Cronos in Cointelli.

[Daniel Kim @dankim0310]

Congratulations! You finally did it! Check #taxes off your to-do list.
Thanks for choosing Cointelli. Remember! We're always here for you :)
#crypto #cryptotax #NFT

[Daniel Kim @dankim0310]

@DeFiGuy888 That's correct. If you moved ETH from Metamask to Binance, it's an internal transfer outgoing transaction in the view of Metamask, but it's an internal transfer incoming transaction in the view of Binance Exchange.

[Daniel Kim @dankim0310]

Have you done your crypto #taxes yet? AMA! We have less than 15 days left in #taxseason.
I will answer all your U.S. crypto tax questions here:point_down:
#crypto #cryptocurrency #NFTs #bitcoin

[Daniel Kim @dankim0310]

@Cointelegraph With https://t.co/E32D3wCkB6, you are fine.

[Daniel Kim @dankim0310]

@EriQuh You can report the reward as other income on form 1040. You can report the loss if you sell or convert this reward to other currencies.

[Daniel Kim @dankim0310]

@DeFiGuy888 If you moved crypto to your wallet, you should classify it as an internal transfer.

[Daniel Kim @dankim0310]

@cointelli #cryptotax
https://t.co/ZRWhJ7A29x

[Daniel Kim @dankim0310]

Less than 7 days left of #us #tax season!
Here is a good article for you to go through for your #crypto tax reporting!

https://t.co/c7YkqJWiwF

source via @cointelli

[Daniel Kim @dankim0310]

@BananaAtlantis @cointelli Hi,
Sorry for the inconvenience. Because of the large volume of inquiries, we only have email support for now. If you leave a detailed description to the chat bot, we will answer you within 24-48 hours.

[Daniel Kim @dankim0310]

[1/20] THE ULTIMATE #CRYPTO TAX GUIDE THREAD

Covered topics include: #IRS & crypto tax rules, Capital gains tax explained, crypto tax forms explained, how to reduce crypto taxes👇

source via @cointelli
#cryptocurrency

[Daniel Kim @dankim0310]

[20/20] Thank you for reading and if you have any questions, please leave comments here!

source via @cointelli
#cryptocurrency

[Daniel Kim @dankim0310]

[19/20] To make all this easy, you need #crypto #tax software that is accurate and supports all of your wallets, exchanges, and blockchains. We can do all this for $49 per tax year.

source via @cointelli
#cryptocurrency

[Daniel Kim @dankim0310]

@Wolvman1 If you mine ETH or BTC, you need to pay taxes as ordinary income when you receive it. When you sell mined BTC to get USD, the capital gain is incurred.
What you need to do is you can enter your bitcoin public address and import transaction history from Coinbase.