Everything You Need to Know about Crypto Taxes with Laura aka Crypto Tax Girl

Sign up for our newsletter at https://Evolvement.io. Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world. In this episode, Laura and I sit down to discuss how to pay your cryptocurrency and Bitcoin taxes. We discuss the very basics, like what is a capital gains tax, and more. Beyond that, we dive into how to calculate masternodes, airdrops, and other random occurrences that happen in the cryptocurrency world. If you ever wanted to learn more about how cryptocurrency and Bitcoin taxes work, this episode is for you. You can learn more about Laura at https://cryptotaxgirl.com/! Timestamps: 5:25 - What would you say is the biggest misconception around paying crypto taxes? 8:35 - What are the basics of cryptocurrency taxes? 13:00 - How do you calculate the percentage taken from capital gains? 16:15 - There is a different effect on taxes when you hold coins over 1 year? 18:20 - What about trading between different coins? Is this taxable? 20:05 - How do exchange fees play a role in taxes? 22:19 - Tax wise, how do you treat airdrops? 25:37 - How about with Masternodes? 28:50 - How does a hack affect your tax situation?